Outcome of Board Meeting for approval of Financials results of quarter and half-year ended September 30,2025 and Voluntary Delisting from NSE without Exit Opportunity
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 2.5 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Hercules Investments Limited (formerly Hercules Hoists Limited), an unregistered Core Investment Company (CIC) that holds a portfolio of investments in Bajaj Group companies, announced two key decisions from its November 14, 2025 board meeting. First, the board approved unaudited financial results for Q2 FY26 and the half-year ended September 30, 2025, showing profit before tax of Rs 5,265.85 lakhs for H1 FY26 versus Rs 2,929.27 lakhs in H1 FY25. Second, the board approved a proposal to voluntarily delist the company's equity shares from the National Stock Exchange (NSE), notably without offering any exit opportunity to shareholders. The company will continue to remain listed on BSE (Scrip Code: 505720). The delisting is being pursued under Regulation 6 of SEBI's Delisting Regulations, 2021.
Shareholders trading on NSE will lose that trading platform, but BSE listing continues. The 'no exit opportunity' clause is unusual and potentially adverse — normally SEBI delisting rules require acquirers to buy out public shareholders at a fair price. Retail investors should seek clarity on why no exit is being offered and monitor for any related party implications, as the company is a Bajaj Group investment vehicle.