Arora Fibres informs about board meeting

02 Nov 2015 Evaluate

Arora Fibres has informed that the Company has received letters dated October 31, 2015, from the promoters of the Company to voluntarily delist the equity shares of the Company from BSE, Mumbai in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended by making a delisting offer to all the public shareholders of the Company as defined under the Delisting Regulations to acquire up to 40,88,161 Equity shares held by public Shareholders (Delisting Offer). In view of the above, a meeting of the Board of Directors of the Company is scheduled to be held on November 05, 2015 to also consider and decide on the Delisting Proposal and incidental matters thereto.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Indo Rama Synth 55.30
JBF Industries 8.90
Banswara Syntex 128.00
Ganesha Ecosphere 916.30
Pasupati Acrylon 33.40
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