StockWatch
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Financial Institution
Board Meeting14 Aug 2026, 05:44 pm

Haryana Financial Corp Board to Consider Voluntary Delisting on Aug 19

AI Summary

Haryana Financial Corporation Ltd has scheduled a Board of Directors meeting for August 19, 2026, to consider and approve the voluntary delisting of its equity shares from BSE Limited. This follows an Initial Public Announcement on August 7, 2026, by the State Government of Haryana, acting as the Acquirer, to acquire all public shares. The meeting agenda includes taking note of the delisting rationale, reviewing the Due Diligence Report, appointing a scrutinizer, approving the postal ballot notice, appointing a compliance officer, approving newspaper advertisements, fixing the cut-off date for the postal ballot, and constituting a committee of independent directors to provide recommendations.

Key Highlights

  • Board meeting scheduled for August 19, 2026, to discuss delisting.
  • Proposal for voluntary delisting of equity shares from BSE.
  • Acquirer intends to buy out all public shareholders.
  • Key steps include due diligence, postal ballot, and independent director recommendations.