Announced Sat, 25 Jul · 17:12 IST
Independent Directors Committee formed for proposed voluntary delisting
ELPROINTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹176.48
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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Up moveDown movePending
AI summary
Elpro International has formed a Committee of Independent Directors (IDC) to review and recommend on its proposed voluntary delisting from BSE. The IDC has three members with Mr. Naresh Agarwal as Chairman. Motilal Oswal Investment Advisors is the manager to the delisting offer. The IDC recommendations and voting pattern will be published at least two working days before the tendering period begins.
Likely market impact
A proposed voluntary delisting is in progress. Shareholders will receive independent recommendations before tendering. Watch for the indicative floor price announcement.