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INDIA NIPPON ELECTRICALS LTD. - Outcome of Board Meeting
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25 Feb 2015
India Nippon Electricals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2015, approved the proposal for delisting of the Company&apos;s Equity Shares from Madras Stock Exchange Ltd, Chennai, (MSE) consequent upon the voluntary de-recognition and exit of MSE as per the circular dt. May 30, 2012 issued by the Securities and Exchange Board of India (SEBI). Moreover, the Company has been facing queries on delisting from MSE from the shareholders of the Company at the AGM for the past few years.&lt;BR&gt;&lt;BR&gt;The Company is in the process of filing an application with MSE for voluntary delisting of the stocks of the Company.
View all announcements for INDIA NIPPON ELECTRICALS LTD. Source: BSE India