We hereby submit the in-principle approval received from BSE for voluntary delisting of equity shares of HFL.
Awaiting price reaction for this filing.
Hindustan Fluorocarbons Ltd (HFL) has received in-principle approval from BSE for the voluntary delisting of its equity shares. This is an initial regulatory clearance and does not mean the delisting is final yet. The company will need to follow further steps, including shareholder approval and completion of the delisting process as per SEBI rules. Shareholders will be informed about the next steps, including the exit price and timeline, in due course.
Shareholders may eventually get an opportunity to exit at a price determined by the reverse book-building process, but the final delisting and exit price are yet to be decided. Investors should watch for further announcements regarding the floor price and delisting window.