Indo Cotspin has informed that the board of directors of the company in its meeting held today have taken the following decisions: Taken on record the proposal of Promoters to voluntary delist the shares of the company from BSE, the only stock exchange(s) where the shares of the company are presently listed; Appointment of D & A Financial Services (Merchant Banker) having SEBI Registration No. INM000011484, as a Merchant Banker for carrying out due diligence as required in terms of provision of Regulation 8(1A)(ii) of Delisting Regulations. After the receipt of due diligence report from merchant banker the board of directors of the company will again meet to discuss the delisting proposal in detail. The meeting started at 11 am and concluded at 11.50 am. Also enclosing certified true copy of Board Resolution in the meeting held today for reference.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Trident | 25.33 |
| Filatex India | 44.76 |
| Nitin Spinners | 395.80 |
| Nahar Spinning Mills | 236.90 |
| Sanathan Textiles | 422.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: