Outcome of Board Meeting held on today i.e. Wednesday, February 04, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.5 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nitin Castings' Board has noted an Initial Public Announcement dated January 30, 2026, from the company's existing promoters — Mr. Nirmal Kedia, Mr. Nitin Kedia, and Citrus Castings Private Limited — proposing to acquire all equity shares held by public shareholders and voluntarily delist the stock from BSE, under SEBI's Delisting Regulations, 2021. The Board also appointed M/s. Kala Agarwal, Company Secretaries to carry out the required due diligence under Regulation 10 of the Delisting Regulations. Separately, the company is shifting its registered office within Mumbai, from Andheri East to Santacruz West, effective February 4, 2026. The IPA was issued through Navigant Corporate Advisors as Manager to the Offer.
Public shareholders may shortly receive a delisting offer from the promoters with a floor price determined via reverse book-building; the stock could see heightened volatility and liquidity reduction once the delisting process advances. If successful, the company will move off BSE and minority shareholders will exit at the discovered price.