Key Decision
Board of Directors of SS Valley Magnesite Co. Ltd. (CIN: L23109WB1988PLC045491) at its meeting held on June 29, 2026, approved the voluntary delisting of the Company's Equity Shares from The Calcutta Stock Exchange Limited (CSE).
Meeting Details
The Board Meeting commenced at 10:30 AM and concluded at 11:00 AM on June 29, 2026.
Rationale for Delisting
The voluntary delisting from CSE is due to negligible trading volume and to optimize administrative compliance costs.
Continued Listing Status
Equity Shares of the Company will continue to remain listed on BSE Limited, which has nationwide trading terminals.
Shareholder Impact
No exit option/offer is required to be given to the public shareholders of the Company, as investors will continue to have a trading platform on BSE.
Next Steps
The Company will proceed to file the formal delisting application with CSE in due course.