1. Proposal of Voluntary Delisting of Equity Shares of the Company from Calcutta Stock Exchange Limited ('CSE'), without giving any exit opportunity to its shareholders in accordance with ....
Awaiting price reaction for this filing.
The Board of Directors has approved the voluntary delisting of the company's equity shares from Calcutta Stock Exchange Limited (CSE). Critically, this delisting is being pursued WITHOUT providing any exit opportunity to shareholders, meaning they cannot sell their shares at a regulated price during this process. The shares will continue to remain listed on BSE Limited, which has nationwide trading terminals, so shareholders can still trade on BSE. The company will publish a public notice of the proposed delisting in newspapers as required under SEBI Delisting Regulations, 2021. Additionally, Ms. Deepa Garg has been appointed as Additional Director in the Non-Executive Independent Director category, effective May 11, 2026, subject to shareholder approval at the next General Meeting.
Shareholders will lose trading access on CSE but can continue trading on BSE. The absence of an exit offer means shareholders cannot sell at a regulated price and may face reduced liquidity, particularly for those who held shares through CSE.