Nitin Castings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/02/2026 ,inter alia, to consider and approve Prior intimation of Board Meeting ....
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On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 4.9 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.
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The Board of Nitin Castings Limited will meet on February 20, 2026, to consider and approve or reject a proposal to voluntarily delist the company's equity shares from BSE. The delisting was initiated by the promoters — Mr. Nirmal Kedia, Mr. Nitin Kedia, and Citrus Castings Private Limited — through an Initial Public Announcement on January 30, 2026, with Navigant Corporate Advisors acting as Manager to the Offer. A peer-reviewed Company Secretary has already completed due diligence on the company. At the meeting, the Board will take on record the due diligence report and decide whether to proceed with the delisting offer to acquire all public-shareholder shares. Insider trading window is closed from February 17, 2026 until 48 hours after the Board announces its decision.
If approved, public shareholders will get an exit opportunity at a delisting price that still needs to be determined. The stock may see higher trading activity and price swings as the Board meeting and floor-price announcement approach. Retail shareholders should watch for the formal delisting letter of offer and SEBI-determined floor price, which will set the minimum cash exit value.