Pursuant to the SEBI (Delisting of Securities) Guidelines 2003, India Forge & Drop Stampings Ltd has complied with the formalities for delisting of equity shares. Trading in the scrip is under suspension w.e.f. 10th September, 2001. However the above scrip will be delisted from the Exchange records w.e.f Wednesday, December 9, 2009.
Exit option will be kept open at the rate of Rs.50/- per share, being the exit price determined to the remaining public shareholders for a period of six months from the date of delisting by the acquirers – Mr. Dipak Raj Sood, Mr. Samir Sood, Mr. Kunal Sood, Ms. Rupa Sood and Ms. Malini Sood. |