KEI Industries Limited has informed the Exchange about Board of Directors Approved voluntary delisting of the Company's Equity Shares from The Calcutta Stock Exchange Limited (CSE), pursuant to Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021.
KEI · price
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Awaiting price reaction for this filing.
KEI Industries' Board has approved the voluntary delisting of its equity shares from The Calcutta Stock Exchange Limited (CSE), under SEBI Delisting Regulations 2021. Importantly, this delisting is only from the regional CSE and does not affect the company's listing on NSE or BSE, where the shares will continue to trade normally. The Calcutta Stock Exchange has been largely non-operational for years, and many companies have sought to delist from it as a housekeeping measure. Shareholders do not need to take any action, and there is no offer for buyback or exit price involved since it's a non-functional exchange.
Neutral to slightly positive — this is a routine compliance cleanup action with no material financial impact. Shareholders retain their shares and trading continues uninterrupted on NSE/BSE.