Nitin Castings: Detailed Public Announcement for Voluntary Delisting from BSE

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

-5.6%Reaction day

₹554.50

prior close

₹530.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-6.9% vs market

Castings & Forgings peers, median of 21sector+0.6%-6.2% vs sector

On the reaction day the stock moved 6.9 pts less than Nifty Microcap 250 and 6.2 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

Stock

—

10m

-1.2

15m

-1.2

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.6+1.3-6.9+0.6-6.2

Next day

-1.0+0.0-1.0+0.3-1.3

-6.0+0.5-6.5+1.4-7.4

-10.4-0.1-10.3+0.5-10.9

-5.9+1.0-6.9+0.4-6.3

-2.6+2.4-5.0+1.6-4.2

-7.1+4.1-11.2+3.1-10.3

15d

-42.9+5.1-48.0+8.5-51.4

-46.2+5.8-52.0+7.7-53.9

-19.5+4.5-24.0+13.3-32.8

-19.7-2.4-17.4+1.7-21.5

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 21Pending

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

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.