Announced Mon, 27 Jul · 13:47 IST
Nitin Castings: Detailed Public Announcement for Voluntary Delisting from BSE
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoters of Nitin Castings Ltd (BSE: 508875) have issued a Detailed Public Announcement for voluntary delisting of equity shares from BSE under SEBI Delisting Regulations. Acquirers are Nirmal B. Kedia, Nitin S. Kedia, and Citrus Castings Pvt Ltd, together holding 71.39 percent. Floor price is set at Rs 273.36 per share for the Rs 5 face value stock. Bid window opens August 5, 2026 and closes August 13, 2026.
Likely market impact
Public shareholders can tender shares at the floor price of Rs 273.36 between August 5 and August 13. If delisting succeeds, the stock will stop trading on BSE.