Announced Tue, 28 Jul · 10:45 IST
Voluntary delisting offer at floor price of Rs 273.36 per share
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Promoters (Nirmal Kedia, Nitin Kedia, Citrus Castings) have issued the Letter of Offer for voluntary delisting of Nitin Castings from BSE. Floor price is Rs 273.36 per share, covering 14,70,894 public shares (28.61 percent of capital). Promoters currently hold 71.39 percent. Bidding runs August 5 to August 11, 2026 via reverse book building. Shareholders had approved delisting on March 29, 2026.
Likely market impact
Public shareholders can tender shares via reverse book bidding Aug 5 to Aug 11 at floor price Rs 273.36. If successful, stock exits BSE.