Delisting29 Jun 2026, 11:28 am
Saumya Consultants Ltd to Voluntarily Delist from CSE
AI Summary
Saumya Consultants Ltd announced that its Board of Directors has approved the voluntary delisting of the company's equity shares from The Calcutta Stock Exchange Limited (CSE). The decision, made on June 29, 2026, is attributed to negligible trading volume on CSE and aims to optimize administrative compliance costs. The company's shares will continue to be listed on BSE Limited, ensuring investors retain a trading platform. Consequently, no exit option or offer will be provided to public shareholders. Saumya Consultants Ltd will file the formal delisting application with CSE shortly.
Key Highlights
- Board approved voluntary delisting from The Calcutta Stock Exchange Limited.
- Rationale: negligible trading volume and to optimize administrative costs.
- Equity shares will continue to be listed and traded on BSE Limited.
- No exit option required for public shareholders due to continued BSE listing.
Price Impact
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