In continuation to our letter dated 05.08.2025 regarding postal ballot notice, enclosing herewith copies of newspaper publication dated 07.08.2025 as published in Financial Express and ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
U.P. Hotels Limited has sent out a Postal Ballot Notice to its members seeking approval for voluntary delisting of its equity shares from BSE Limited, to be passed as a Special Resolution through remote e-voting only. The cut-off date for eligible members was August 1, 2025, and the Postal Ballot Notice was dispatched on August 6, 2025. The e-voting window runs from August 6, 2025 (9:30 AM) to September 4, 2025 (5:00 PM), with NSDL providing the e-voting platform and Mr. Deepak Bansal appointed as scrutiniser. The current filing is just a confirmation of the newspaper publication of this notice on August 7, 2025 in Financial Express and Jansatta, as required under SEBI Delisting Regulations and MCA circulars.
If approved, this could lead to the company's shares being removed from BSE, meaning shareholders will eventually get an exit opportunity at a delisting price determined by the promoter. Shareholders should watch for the delisting price announcement and vote in the postal ballot — those not in favour should vote against the resolution.