Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting regarding voluntary delisting proposal
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board approved the voluntary delisting proposal subject to shareholder approval. The delisting offer involves acquisition of 26,46,183 equity shares (25.80% of public shareholding) from public shareholders.
Other Significant Information:
Capital Structure as on July 15, 2026:
- Authorized Capital: Equity - 10,550,000 shares (₹10 each), Preference - 71,000,000 shares (₹10 each)
- Issued Capital: Equity - 1,02,58,326 shares (₹10 each), Preference - 6,64,00,000 shares (₹10 each)
- Paid-up Capital: Equity - ₹10,25,83,260, Preference - ₹66,40,00,000
- Listed Capital: 1,02,58,326 equity shares on BSE and NSE
Shareholding Pattern as on July 15, 2026:
- Acquirers and PAC: 75,07,162 shares (73.18%)
- Other Promoters: 1,04,981 shares (1.02%)
- Public Shareholders: 26,46,183 shares (25.80%)
Board Appointments:
- Appointed MUFG Intime Private Limited as registrar for e-voting services
- Appointed Ms. Pragnya Parimita Pradhan as scrutinizer for e-voting/postal ballot process
Process Details:
- Cut-off date for postal ballot: July 10, 2026
- Shareholder approval to be sought through postal ballot under Section 110 of Companies Act, 2013
- Due diligence period examined: July 16, 2024 to July 15, 2026