Intimation of calendar of events of Postal Ballot conducted for seeking approval of members of the company for Voluntary Delisting of equity shares of the company from SME ITP platform of BSE
Awaiting price reaction for this filing.
Dekson Castings Ltd has announced a detailed calendar of events for a postal ballot to seek shareholders' approval for voluntarily delisting its equity shares from the Institutional Trading Platform (ITP) of BSE, under SEBI ICDR Regulations. The board approved the proposal on August 28, 2025, with the cut-off date set as August 29, 2025 for determining eligible voters. The postal ballot notice will be dispatched on September 3, 2025, with remote e-voting running from September 8 to October 7, 2025. Results are scheduled to be declared on October 8, 2025.
If approved, shareholders will lose the ability to trade the shares on the BSE SME ITP platform, which may reduce liquidity but could also indicate the company sees limited benefit in maintaining its listing. Shareholders should watch for the delisting price/floor price announcement, typically disclosed before the postal ballot.