Announced Mon, 27 Jul · 15:25 IST
Nitin Castings promoters propose voluntary delisting from BSE, floor price Rs 273.36
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoters of Nitin Castings (Kedia family and Citrus Castings Pvt Ltd) have published the Detailed Public Announcement for voluntary delisting from BSE. Floor price is fixed at Rs 273.36 per share, above book value of Rs 178.43. Promoters hold 71.39 percent of 51.41 lakh equity shares. BSE in-principle approval was received on July 23, 2026. Bid window opens August 11 and closes August 13, 2026.
Likely market impact
Public shareholders can tender shares at the discovered price or exit via the buyback window facility. Stock may see volatile trading near floor price level during the bid period.