Hitech Corporation Limited has informed the Exchange about Voluntary Delisting
HITECHCORP · price
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Hitech Corporation Limited has informed the stock exchange about its intention to voluntarily delist its shares from the exchange. Voluntary delisting means the company wants to take its shares off the publicly traded platform, usually through a formal buyback or tender offer from existing shareholders. The company will need to follow SEBI's Delisting Regulations, which require it to offer a fair price determined through reverse book-building. Shareholders will have an opportunity to tender their shares at the discovered price if they wish to exit.
Shareholders should watch for the floor price and reverse book-building process details — those who choose to exit can sell at the delisting price, while those staying on will hold unlisted shares with reduced liquidity.