StockWatch
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Financial Institution
Delisting19 Aug 2026, 01:19 pm

Haryana Financial Corporation Board Approves Voluntary Delisting from BSE

AI Summary

Haryana Financial Corporation Ltd's Board of Directors has approved a proposal for the voluntary delisting of its equity shares from BSE Limited. The decision follows a review and acceptance of the Due Diligence Report dated August 19, 2026. The delisting process is initiated by the Acquirer, representing the State Government of Haryana, with the intention to acquire all equity shares held by public shareholders. This move is in accordance with SEBI's Delisting Regulations, 2021, and relies on exemptions granted by SEBI. The exit price will be determined in consultation with the Manager to the Delisting Offer, adhering to SEBI's valuation norms, and a special resolution will be passed by public shareholders.

Key Highlights

  • Board approved voluntary delisting from BSE.
  • Due Diligence Report dated 19.08.2026 was reviewed.
  • Acquirer intends to buy out public shareholders.
  • Process follows SEBI Delisting Regulations, 2021.
  • Exit price to be determined in consultation with offer manager.