StockWatch
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Financial Institution
Delisting11 Sept 2026, 06:50 pm

HFC Delisting Offer: Corrigendum Issued to Public Announcement

AI Summary

Haryana Financial Corporation Ltd (HFC) has issued a corrigendum to its Initial Public Announcement (IPA) dated August 07, 2026, regarding the delisting offer. The offer, managed by VC Corporate Advisors Pvt Ltd, aims to acquire up to 13,19,900 equity shares, representing 0.64% of the total paid-up capital, from public shareholders. This corrigendum is issued on behalf of the Acquirer, the State Government of Haryana, and its Promoter Group. It also notes the recent appointment of Shri Vinay Pratap Singh, IAS, as the Managing Director of HFC and HSIIDC, effective September 10, 2026, replacing Shri Sushil Sarwan, IAS. The corrigendum is to be read in conjunction with the original IPA, with all other terms remaining unchanged.

Key Highlights

  • Corrigendum issued to HFC's delisting offer public announcement.
  • Acquisition of up to 0.64% equity from public shareholders.
  • State Government of Haryana is the Acquirer.
  • New Managing Director appointed for HFC and HSIIDC.