Indo Borax & Chemicals Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/09/2025 ,inter alia, to consider and approve the proposal for voluntary ....
INDOBORAX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indo Borax & Chemicals has informed the exchanges that its Board of Directors will meet on September 20, 2025 to consider and approve a proposal for voluntarily delisting its equity shares from the Calcutta Stock Exchange (CSE). The delisting will be carried out under Regulation 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021, where no exit offer to public shareholders is required. The company will remain listed on BSE (Stock Code: 524342) and NSE, so trading in its shares will continue unaffected on the main exchanges. The board will also authorise filing of the application with relevant exchanges and issuance of a public notice.
This is a routine housekeeping action — the company is dropping its listing on a minor regional exchange (CSE) while keeping its main listings on BSE and NSE intact. No exit opportunity or share buyback is triggered, so shareholders don't need to take any action. Impact on stock price or shareholder value is likely negligible.