MoneyWorks4Me

Bharat Forge informs about disclsoure

14 Dec 2023 Evaluate
Bharat Forge has informed that Citibank N.A., acting as the Depository has issued a Notice of Termination to the holders of Global Depository Receipts (GDRs) of the Company. According to the notice, the termination of the GDR program will become effective on January 15, 2024 (the Termination Date) and post termination date, the GDRs will be delisted from Luxembourg Stock Exchange. The underlying equity shares are listed on the BSE and NSE and will continue to be listed on both the stock exchanges following the termination of the GDR Program. The notice of termination is enclosed.

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

Peers
Company Name CMP
Bharat Forge 1873.60
Ramkrishna Forgings 690.90
MM Forgings 609.95
Happy Forgings 2067.10
Balu Forge Inds. 501.25
View more..