SEBI vide Circular No. CIR/CFD/CMD/12/2015 dated 30th November, 2015; issued procedures that may be taken up by Stock Exchanges in case of Non Compliance of certain provisions of SEBI (Listing Obligation and Disclosures Requirement) Regulations, 2015 and Standard Operating Procedure for suspension and revocation of trading of specified securities.

The detailed penalties and procedure as stated above can be accessed at the following link: SEBI Circular No. CIR-CFD-CMD-12-2015 dated 30.11.2015