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Siddha Ventures informs about outcome of board meeting

07 Aug 2020 Evaluate

Siddha Ventures has informed that in reference to the intimation dated August 04, 2020 and in pursuance of Regulation 30 of SEBI (LODR) Regulation, 2015, the Board of Directors of the Company in its meeting held today, which commenced at 02:00 PM at Sethia House, 1st Floor, 23/24 Radha Bazar Street, Kolkata-700001 and concluded at 3:00 PM, have considered and approved the voluntary delisting of equity shares of the Company from CSE only, in compliance with Regulation 6(a) of the SEBI (Delisting of Equity Shares) Regulations, 2009 and subsequent amendments thereto (SEBI Delisting Regulations). The Board considered and approved the Public Notice to be published in the newspapers to give effect to the aforementioned delisting. Since the equity shares of the Company would remain listed on Stock Exchange having nationwide trading terminals, therefore no Exit Opportunity is required to be given to the Shareholders of the Company as per the SEBI Delisting Regulations.

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

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