Members of the Exchange are hereby informed that the trading in equity shares of Mangalore Chemicals & Fertilizers Limited shall be suspended w.e.f. October 31, 2025 (i.e., closing hours of trading on October 30, 2025) on account of the Scheme of Amalgamation.
Awaiting price reaction for this filing.
NSE has informed that trading in the equity shares of Mangalore Chemicals & Fertilizers Limited will be suspended with effect from October 31, 2025, at the close of trading hours on October 30, 2025. The suspension is on account of the company undergoing a Scheme of Amalgamation. This means the stock will no longer be tradable on the exchange after the specified date as the amalgamation process moves towards completion.
Shareholders will not be able to buy or sell the stock on the exchange after October 30, 2025. Existing shareholders will likely receive shares of the amalgamated/transferee entity or a cash consideration as per the swap ratio, which would have been communicated separately. This effectively signals a delisting event for MCFL shareholders.