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Delisting14 Aug 2026, 05:40 pm

IZMO Ltd Approves Voluntary Delisting from Calcutta Stock Exchange

AI Summary

IZMO Ltd's Board of Directors has approved the voluntary delisting of its equity shares from The Calcutta Stock Exchange Limited (CSE). This action is being taken as a measure of commercial prudence to avoid potential litigation and costs, as the shares have not been actively traded on CSE for nearly two decades. The company clarified that its shares will continue to be listed and traded on the nationwide exchanges, BSE and NSE. The delisting is subject to obtaining necessary regulatory and other approvals.

Key Highlights

  • Board approves voluntary delisting from Calcutta Stock Exchange.
  • Shares inactive on CSE for nearly two decades.
  • Listing to continue on BSE and NSE.
  • Action aims to avoid litigation and costs.
  • Subject to regulatory and other approvals.