TVS MOTOR COMPANY LTD. - Updates on Outcome of Board Meeting (Voluntary Delisting of shares from MSE)
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| 24 Jul 2014 | |
| TVS Motor Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2014, inter alia, has approved a proposal for delisting of its Equity shares from the Madras Stock Exchange Limited (MSE), consequent to the voluntary de-recognition and exit of MSE as per the circular dated May 30, 2012 issued by Securities and Exchange Board of India (SEBI).<br/><br/>Further the Company has informed that, the proposed delisting of its shares from MSE will be subject to the compliance of the required formalities, in terms of Delisting Regulations without any exit opportunity to the public shareholders of the Company.<br/><br/>Hence, the Equity shares of the Company will continue to remain listed on BSE Limited, Mumbai (BSE) and the National Stock Exchange of India Limited, Mumbai (NSE), which have nationwide trading terminals.<br/><br/>Accordingly, the Company will be taking necessary steps to complete the formalities of delisting from MSE soon and will update further developments on the status of delisting from MSE. | |
| View all announcements for TVS MOTOR COMPANY LTD. | Source: BSE India |
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