Announced Fri, 16 Oct, 2026 · 11:44 IST
Voluntary Delisting Resolution Voted Down By Members
Voluntary delisting proposedDelisting failedCapital Market Events View source PDFExplain this filing
UPHOT · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
U.P. Hotels postal ballot to support voluntary delisting from BSE has not been approved by shareholders. The special resolution received 74.55% votes in favour (13.25 lakh shares) and 25.45% against (4.52 lakh shares) but fell short of the 3-times majority required. Promoters backed the move while most public shareholders opposed it.
Likely market impact
Stock stays listed as member approval failed. SEBI extension application for voluntary delisting likely cannot proceed without shareholder backing.