Nitin Castings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/02/2026 ,inter alia, to consider and approve Intimation of the Board Meeting ....
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Nitin Castings Ltd has informed BSE that its Board of Directors will meet on February 4, 2026, to consider and take note of an Initial Public Announcement dated January 30, 2026. The announcement, issued by Navigant Corporate Advisors Ltd (Manager to the Offer) on behalf of the promoters — Mr. Nirmal Kedia, Mr. Nitin Kedia, and Citrus Castings Pvt Ltd — signals their intention to acquire all equity shares held by public shareholders and subsequently delist the company from the stock exchanges. The delisting will be carried out under Regulation 8 of the SEBI (Delisting of Equity Shares) Regulations, 2021. The Board will also consider appointing a Peer-Reviewed Practicing Company Secretary to assist with the delisting process.
This is a significant corporate action for public shareholders — they will get an opportunity to tender their shares and exit at a price determined through the reverse book-building process under SEBI's delisting framework. The stock could see heightened activity in the run-up to the floor price discovery and the delisting offer window.