The Board has considered and approved the voluntary delisting of Equity Shares of the Company from the Calcutta Stock Exchange Limited
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TTI Enterprise's board, at its meeting on 3rd December 2025, approved the voluntary delisting of the company's equity shares from the Calcutta Stock Exchange (CSE). The shares will remain listed on BSE, which has nationwide trading terminals, so no exit offer to shareholders is required. The company cited negligible trading volume on CSE and a desire to cut administrative costs. Separately, director Mr. Valath Sreenivasan Ranganathan vacated his office with immediate effect due to disqualification under Section 167/164 of the Companies Act, 2013. The board also approved shifting the registered office within Kolkata, a postal ballot to appoint and fix remuneration for new Executive Director Mr. Hemant Agarwal, and appointed a scrutinizer for the postal ballot process.
For shareholders, nothing changes practically — BSE listing continues and trading remains available there; the CSE exit is purely administrative with no buyback or exit offer required. The disqualification of the director (who held ~37.93 lakh shares) is a governance red flag but is procedural in nature.