Prabhat Dairy is going to be delisted from BSE and NSE from April 30, while trading in its equity shares will be discontinued from April 23. This comes after the company complied with the formalities for voluntary delisting of equity shares. The company received shareholders' nod for delisting the company on October 14, 2019.
Further, exit option will be kept open by the promoter/ acquirer of the company -- Sarangdhar Ramchandra Nirmal, Vivek Sarangdhar Nirmal, Madhyam Farming Solutions and Nirmal Family Trust -- for the remaining public shareholders for at least one year from the date of delisting at the rate of Rs 101 per equity share.
Prabhat Dairy produces milk and milk products in India.
Company Name | CMP |
---|---|
Nestle | 2355.45 |
Britannia Inds | 5162.75 |
Varun Beverages | 1425.55 |
Marico | 595.45 |
Hatsun Agro Product | 1016.35 |
View more.. |