At meeting held on 06 November 2014
Upasana Finance announced that the Board of Directors of the Company of the Company at its meeting held on 06 November 2014, inter alia, has approved a proposal for delisting of its Equity shares from the Madras Stock Exchange (MSE), consequent to the voluntary de-recognition and exit of MSE as per the circular dated 30 May 2012 issued by Securities and Exchange Board of India (SEBI).The proposed delisting of the shares from MSE will be subject to the compliance of the required formalities, in terms of SEBI Delisting Regulations, without any exit opportunity to the public shareholders of the Company, as the Equity shares of the Company will continue to remain listed on BSE , Mumbai (BSE), which have nationwide trading terminals.
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