Trading Members of the Exchange are hereby informed that pursuant to resolution plan approved by Hon’ble National Company Law Tribunal (NCLT) under section 31 of the Insolvency and Bankruptcy Code, 2016 read with sub-regulation (3)(a) of regulation 3 of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Electrosteel Steels Limited (“the Company”) has applied for delisting of equity shares.
The Company has confirmed that it has complied with requirements of NCLT order dated April 17, 2018 for delisting and also with the requirements of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009.
Accordingly, trading in the equity shares of Electrosteel Steels Limited (Scrip Code: 533264) will be discontinued w.e.f. Thursday, December 13, 2018.
Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, December 20, 2018.
Trading Members of the Exchange are requested to take a note of the above.
In case of any clarifications Trading Members may please contact Ms. Rupal Khandelwal on 022-2272 8262.
Bhushan Mokashi Rupal Khandelwal
Additional General Manager Manager
Date: December 06, 2018