
Delisting7 Aug 2026, 04:03 pm
HFC Announces Voluntary Delisting Offer for 0.64% Stake
AI Summary
Haryana Financial Corporation Ltd (HFC) has initiated a voluntary delisting process. The Promoter Group, represented by the State Government of Haryana, plans to acquire up to 13,19,900 equity shares, constituting 0.64% of the total paid-up equity capital, from public shareholders. VC Corporate Advisors Pvt Ltd has been appointed as the Manager to the Delisting Offer. The delisting is proposed from BSE Limited, where the company's shares are currently listed. This move is in compliance with SEBI (Delisting of Equity Shares) Regulations, 2021, and follows an expression of intent by the Acquirer to voluntarily delist the shares.
Key Highlights
- HFC Promoter Group to acquire 0.64% stake from public shareholders.
- Voluntary delisting proposed from BSE Limited.
- VC Corporate Advisors appointed as Manager to the Delisting Offer.
- Move complies with SEBI (Delisting of Equity Shares) Regulations, 2021.
- Acquisition aims to consolidate shareholding and delist the company.
Price Impact
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