BSEKabra Commercial LtdMediumNeutral
Announced Mon, 6 Apr · 16:49 IST

Please find enclosed herewith intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015

Voluntary Delisting ProposedCapital Market Events View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kabra Commercial Ltd, the Promoter/Acquirer of Kabra Marble Udyog Ltd (KMUL), has appointed Intelligent Money Managers Private Limited as the Merchant Banker/Manager to the Offer for the proposed voluntary delisting. KMUL is being delisted from Calcutta Stock Exchange Limited, which is the only exchange where its equity shares are currently listed. This appointment is pursuant to Regulation 9 of SEBI (Delisting of Equity Shares) Regulations, 2021. The board of Kabra Commercial Ltd confirmed this appointment in its meeting held on 6th April 2026.

Likely market impact

This announcement indicates that the voluntary delisting process for Kabra Marble Udyog Ltd has moved forward with the appointment of a required merchant banker. Shareholders of KMUL should note this is a voluntary delisting from CSE only, not BSE/NSE, and the exit price determination process will follow SEBI regulations.