KK Fincorp has informed that the Board at its meeting held today. has given in-principle approval for voluntarily delisting of Bajrang Finance (Target Company) along with other members of the Promoter Group of the Target Company under the Securities and Exchange Board of lndia (Delisting of Equity Shares) Regulations. 2009 as amended from time to time (Delisting Regulations). The Company along with other acquirers also going to acquire upto 9,10.530 equity shares from public shareholders of the Target Company (Public Shareholders) at an indicative price of Rs 15.00 per equity share. The Company along\ the other Promoter Acquirers will offer to acquire 100% equity shares that are held by Public Shareholders of the largest Company and voluntarily delist the equity shares from the recognized stock exchange BSE in accordance with the Delisting Regulations (the Delisting Proposal).
The above information is a part of company’s filings submitted to BSE.
