BSETTI Enterprise LtdMediumNeutral
Announced Wed, 3 Dec · 11:37 IST

Intimation for Shifting of registered office within local limit of City of Kolkata

Voluntary Delisting ProposedCapital Market Events View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TTI Enterprise's board met on December 3, 2025 and approved several items. First, the company will voluntarily delist its equity shares from the Calcutta Stock Exchange (CSE), since shares will remain listed on BSE which has nationwide terminals — so shareholders do not need to be given an exit offer. The CSE delisting is meant to cut compliance costs given negligible trading there. Second, Director Mr. Valath Sreenivasan Ranganathan (DIN 02786224) vacated his seat with immediate effect after incurring disqualification under Section 167/164 of the Companies Act; he held about 37.92 lakh equity shares. Third, the registered office is shifting within Kolkata. Fourth, a postal ballot will seek shareholder approval to appoint Mr. Hemant Agarwal as Executive Director along with his remuneration.

Likely market impact

No action required from shareholders — shares continue to trade normally on BSE and the CSE delisting does not trigger an exit offer. The exit of a disqualified director holding nearly 38 lakh shares is a governance change worth tracking, and the new Executive Director appointment will be decided by shareholders via postal ballot.