Newspaper publication regarding public announcement by Manager to offer regarding the voluntary delisting of equity shares of the company is hereby submitted
Awaiting price reaction for this filing.
Hindustan Fluorocarbons Limited (HFL) has issued a public announcement in newspapers (Financial Express, Jansatta, Mana Telangana) on July 30, 2025 regarding the proposed voluntary delisting of its equity shares from BSE. The acquirer is Hindustan Organic Chemicals Ltd (HOCL), a Government of India undertaking under the Ministry of Chemicals and Fertilizers, which already holds 60.87% (1,19,30,000 shares) as the promoter group. The determined floor/exit price for the delisting offer is Rs. 176 per equity share. The offer is scheduled to open on August 4, 2025 and close on November 18, 2025, with payment proposed by December 5, 2025. Public shareholders holding the remaining 39.13% (76,69,100 shares) will have the opportunity to tender their shares during this window. The company has obtained necessary approvals including SEBI exemption letters and in-principle approval from BSE received on July 2, 2025.
Public shareholders can exit at Rs. 176 per share during the tender window. After delisting, the stock will no longer trade on BSE, meaning non-tendering shareholders will lose market liquidity for their shares.