Agria notified by NYSE of non-compliance with minimum average closing price

theflyonthewall.com

Agria announced that the company was notified by the New York Stock Exchange that the company is not in compliance with the NYSE continued listing standard requiring a listed security to maintain a minimum average closing price of $1.00 per share over a consecutive 30-trading-day period. The NYSE noted that the minimum average closing price is the only listing criteria the company is not in compliance with. The company has six months from receipt of the notification to bring its ADS price and average ADS price back above $1.00.

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