The Bulgarian Telecommunications Company (BTC) will be excluded from the BG40 and BGTR30 indexes, the board of directors of the Bulgarian Stock Exchange (BSE) decided. Chimco will also be removed from the broader BG40 index of the most traded stocks. The companies will be replaced by First Investment Bank and Kaolin. The BGTR30 index will be completed with Fazerles of Silistra. BTC will be excluded from the indexes due to its pending delisting from the BSE, while Chimco has been banned from trade for several months as a punishment. The changes in BG40 enter into force on November 23, BGTR30's revision becomes effective on December 3.