Forms Independent Directors Committee for Voluntary Delisting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250 and 4.9 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nitin Castings board has formed a Committee of Independent Directors to give recommendations on the voluntary delisting offer from BSE, as required under SEBI Delisting Regulations. The committee has three members, with one appointed just two days before the Detailed Public Announcement on July 27, 2026. The committee's recommendations and voting pattern will be published in the same newspapers at least two working days before bidding opens.
Company is pursuing voluntary delisting from BSE. Watch for the committee recommendation and final exit price, to be published before bidding starts.