Nitin Castings promoters propose voluntary delisting from BSE, floor price Rs 273.36

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

₹523.35

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

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15m

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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 (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.