Haryana Financial Corporation has approved a voluntary delisting from the BSE. The exit price is set at Rs 9.55 per share. This follows an acquisition intent by the State Government of Haryana.
Haryana Financial Corporation Seeks Voluntary Delisting
Exit Price: Rs 9.55 per equity share
Public Shareholding: 0.64% (13,19,900 shares)
Reader Takeaway: A formal exit for public shareholders, but delisting hinges on their approval.
What just happened
Haryana Financial Corporation's Board of Directors has approved a proposal to voluntarily delist its equity shares from BSE Limited. This move is part of the State Government of Haryana's plan to acquire all remaining public shares. The exit price for shareholders has been fixed at Rs 9.55 per equity share.