Voluntary delisting offer failed; shares to remain listed on BSE

Delisting FailedVoluntary Delisting ProposedCapital Market Events View source PDF Explain this filing

Price

Loading chart…

▲ 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

-5.0%Reaction day

₹368.95

prior close

₹350.55

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-5.1% vs market

Castings & Forgings peers, median of 22sector-0.2%-4.7% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.7 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

Stock

—

10m

—

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+0.2-5.1-0.2-4.7

Next day

-9.7+0.2-10.0+2.0-11.7

-14.2+0.4-14.6+1.9-16.2

-18.5+0.7-19.3+2.2-20.7

-20.6+0.1-20.8+0.5-21.1

-24.6+0.7-25.3+1.8-26.4

-26.8+1.2-28.0+3.0-29.8

15d

+1.7+0.7+0.9+6.7-5.0

+32.8-1.2+34.0+2.0+30.8

+19.8-1.1+20.9+4.9+14.9

—————

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 of Nitin Castings attempted voluntary delisting via reverse book building from Aug 5 to Aug 11, 2026. The discovered price was Rs 300 per share, above the floor price of Rs 273.36. Promoters rejected the discovered price, so the delisting offer has failed under SEBI rules. The stock will continue to remain listed on BSE and no final delisting application will be made. Promoters are barred from making another delisting attempt for 6 months.

Likely market impact

Shares stay listed on BSE; no exit price for public holders via this route. Promoters cannot retry delisting for 6 months.