Intimation of Floor Price as Determined in accordance with SEBI ( Delisting of Equity Shares) Regulations, 2021

Voluntary Delisting ProposedCapital Market Events View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-15.8%Reaction day

₹588.95

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-15.6% vs market

Castings & Forgings peers, median of 19sector+0.4%-16.2% vs sector

On the reaction day the stock moved 15.6 pts less than Nifty Microcap 250 and 16.2 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-15.8-0.2-15.6+0.4-16.2

Next day

-14.3-0.0-14.2-1.1-13.2

-11.7-1.3-10.4-1.2-10.5

-14.6-1.1-13.5-1.8-12.8

-8.8-0.8-8.0-1.0-7.8

-9.5-1.9-7.6-0.5-9.0

-5.4-6.6+1.2-4.4-1.1

15d

-10.9-9.7-1.1-5.0-5.9

-3.9-8.2+4.3-3.8-0.1

-2.0+3.1-5.1+1.3-3.3

-10.9+5.9-16.7-0.5-10.4

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The promoters of Nitin Castings Ltd — Mr. Nirmal Kedia, Mr. Nitin Kedia, and Citrus Castings Private Limited — have determined a floor price of ₹273.36 per equity share for the proposed delisting of the company from BSE. The floor price is the higher of two independent valuations: ₹273.36 per share by Mr. Bhavesh M Rathod and ₹263.05 per share by Mr. Karan Chetan Shah, both Registered Valuers. This follows the Initial Public Announcement for delisting dated January 30, 2026, and the valuation reports will be placed before the Board on February 20, 2026. Navigant Corporate Advisors Limited is acting as the manager to the offer.

Likely market impact

Public shareholders now have a benchmark of ₹273.36 per share as the minimum price at which they may tender shares. The final delisting price will depend on the reverse book-building process and could be higher, giving shareholders an opportunity to decide whether to participate based on their own valuation expectations.