India Globalization Capital Inc. (IGC: Quote) announced that on December 11, 2012, it received a notice from the NYSE MKT LLC stating that the company is not in compliance with Section 1003(f)(iv) of the Exchange's Company Guide.
Specifically the Exchange Staff has determined that the Company has not paid the outstanding listing fees balance for a substantial period of time and, pursuant to Section 1003(f)(iv) of the Company guide, the Company's continued listing is predicated on it submitting all unpaid listing fees due to the Exchange by January 10, 2013.
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by RTT Staff Writer
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