Revathi Equipment has informed that recently on Sunday, January 03, 2021, Renaissance Advanced Consultancy Limited (Promoter) and Hari Investments Limited, promoter and promoter group announced its intention to, either individually or together with one or more members of the promoter/promoter group, launch an offer to voluntarily delist the Company’s equity shares from the BSE and NSE by acquiring all the equity shares held by the public (Delisting Proposal). The Company immediately informed the stock exchanges of the Delisting Proposal, vide letter dated Monday, January 04, 2021 before market hours i.e. at 09:15 AM. The Company has clarified that all the material information has been furnished in public domain and further there is no such announcement or price sensitive information, which is pending to be intimated by the Company to the stock exchange and the Company will comply with SEBI (LODR) Regulations, 2015 and keep the stock exchanges duly informed of all the price sensitive information(s).
The above information is a part of company’s filings submitted to BSE.
