BSENitin Castings LtdMinimalNeutral
Announced Mon, 2 Mar · 18:01 IST

Newspaper advertisement of the Notice of the Postal Ballot through electronic mode.

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nitin Castings Limited has published a newspaper advertisement on March 1, 2026 (in The Free Press Journal and Navshakti) regarding a Postal Ballot Notice sent to shareholders for seeking their approval through e-voting. The single agenda is the voluntary delisting of the company's equity shares (face value of Rs. 5 each) from BSE, in line with SEBI (Delisting of Equity Shares) Regulations, 2021. The e-voting window runs from February 28, 2026 (9:00 AM) to March 29, 2026 (5:00 PM), with NSDL providing the e-voting platform and results to be declared on or before March 30, 2026. The cut-off date for shareholder eligibility was February 20, 2026. The board has appointed Ms. Kala Agarwal, Practicing Company Secretary, as the Scrutinizer for the process.

Likely market impact

This is a significant corporate action — if shareholders approve the resolution, Nitin Castings' shares will be delisted from BSE, meaning retail investors will lose the ability to trade the stock on the exchange. Shareholders should carefully evaluate the delisting proposal and the exit price (if any offer is made) before casting their vote during the e-voting period.