Announced Mon, 29 Jun · 11:07 IST
Valley Magnesite to Voluntarily Delist Equity Shares from Calcutta Stock Exchange
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Valley Magnesite Company's Board approved voluntary delisting of equity shares from the Calcutta Stock Exchange (CSE) at its meeting on June 29, 2026. Reason cited is negligible trading volume on CSE and to reduce administrative compliance costs. Shares will continue to be listed on BSE, so no exit offer is needed for public shareholders. Investors retain a trading platform on BSE with nationwide access.
Likely market impact
Minimal impact as shares remain listed on BSE with nationwide trading. No exit offer needed for shareholders. Delisting reduces compliance costs.