Please find the intimation under Regulation 30 of SEBI LODR, 2015 for Voluntary Delisting of Equity Shares from the Calcutta Stock Exchange Limited
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Kilburn Engineering's Board, at its May 21, 2025 meeting, approved voluntary delisting of its equity shares from the Calcutta Stock Exchange (CSE) where trading is negligible, while continuing its BSE listing. The Board also approved a proposal to list shares on NSE. Separately, FY25 standalone revenue rose to Rs. 33,550 lakhs from Rs. 29,321 lakhs and standalone profit after tax jumped to Rs. 6,161 lakhs from Rs. 3,917 lakhs. Consolidated revenue grew to Rs. 42,486 lakhs with PAT of Rs. 6,236 lakhs. A final dividend of Rs. 2 per share (20%) has been recommended. The company also acquired Monga Strayfield Private Limited, making it a wholly-owned subsidiary, and raised funds via private placement of shares and warrants at a premium of Rs. 415 per share.
The voluntary delisting from CSE is procedural since shares already trade on BSE with nationwide reach and an NSE listing is being pursued to improve liquidity and visibility. Shareholders face no exit obligation as the move falls under the no-exit-opportunity category of SEBI delisting rules. Strong earnings growth, a dividend, and the acquisition expand the business, which is positive for shareholders.