StockWatch
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Castings & Forgings
Delisting13 Aug 2026, 12:39 pm

Nitin Castings Delisting Offer Fails

AI Summary

Nitin Castings Limited announced the failure of its voluntary delisting offer. The reverse book building process, which concluded on August 11, 2026, did not meet the required conditions for delisting. A Post Offer Public Announcement confirming the failure was published on August 13, 2026, in The Financial Express, Jansatta, and Pratahkal newspapers. The delisting was initiated by promoters Mr. Nirmal B. Kedia, Mr. Nitin S. Kedia, and Citrus Castings Private Limited.

Key Highlights

  • Voluntary delisting offer for Nitin Castings Limited has failed.
  • Reverse book building process outcome announced on August 11, 2026.
  • Post Offer Public Announcement published on August 13, 2026.
  • Delisting was sought by promoters and promoter group.