Nitin Castings proposes voluntary delisting from BSE
pre-market1 source ↓written by the desknot a recommendation
- of the company
- 71.39%
- stake from public
- 28.61%
- totaling approximately
- 14,70,894 shares
Nitin Castings Limited has proposed a voluntary delisting of its equity shares from BSE, driven by its promoters who own 71.39% of the company. They aim to acquire the remaining 28.61% stake from public shareholders, totaling approximately 14,70,894 shares. This move is intended to enhance operational flexibility and reduce compliance costs, allowing a sharper focus on core operations.
Not investment advice. For informational purposes only.