Voluntary delisting offer at floor price of Rs 273.36 per share

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

+4.9%Reaction day

₹523.35

prior close

₹550.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+6.2% vs market

Castings & Forgings peers, median of 22sector+0.0%+4.9% vs sector

On the reaction day the stock moved 6.2 pts more than Nifty Microcap 250 and 4.9 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

—

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.9-1.3+6.2+0.0+4.9

Next day

-0.4-0.8+0.5+0.5-0.8

-5.0-1.4-3.7+0.4-5.5

-0.3-0.3+0.0+0.5-0.8

+3.2+1.0+2.2+0.8+2.4

+3.9+1.5+2.5+2.5+1.4

-4.1+3.1-7.2+3.9-8.0

15d

-42.6+4.1-46.6+9.1-51.7

-40.1+4.8-44.9+9.7-49.8

-14.7+3.1-17.9+11.7-26.5

-14.0-3.6-10.4+8.5-22.5

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.