Indo Cotspin informs about outcome of board meeting

03 May 2021 Evaluate

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.

Indo Cotspin Share Price

48.02 -0.98 (-2.00%)
26-Apr-2024 09:31 View Price Chart
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