
Business Update6 April 2026 at 11:21 am
Kabra Commercial Ltd Appoints Intelligent Money Managers as Merchant Banker for Kabra Marble Udyog Delisting
AI Summary
Kabra Commercial Ltd, the promoter of Kabra Marble Udyog Ltd, has appointed Intelligent Money Managers Private Limited as the Merchant Banker for the proposed voluntary delisting of Kabra Marble Udyog Ltd from The Calcutta Stock Exchange Limited. The appointment is in accordance with Regulation 9 of the SEBI (Delisting of Equity Shares) Regulations, 2021. The Merchant Banker will manage the offer for the delisting process.
Key Highlights
- Kabra Commercial Ltd, the promoter of Kabra Marble Udyog Ltd, has appointed Intelligent Money Managers Private Limited as the Merchant Banker for the proposed voluntary delisting of Kabra Marble Udyog Ltd from The Calcutta Stock Exchange Limited.
- The appointment is in accordance with Regulation 9 of the SEBI (Delisting of Equity Shares) Regulations, 2021.
- The Merchant Banker will manage the offer for the delisting process.
- Kabra Commercial Ltd has not sold equity shares of the company in the last 6 months.
- Kabra Commercial Ltd has not employed any device, scheme, or artifice to defraud any shareholder or other person.
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