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Foseco India zooms 20% as board to consider delisting of shares from BSE

The stock up 20 per cent at Rs 1,639 on Tuesday after the company announced that its board will meet on January 25, to consider voluntary delisting of equity shares from the BSE.

Foseco India zooms 20% on voluntary delisting shares from BSE
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SI Reporter Mumbai
Shares of Foseco India were locked in upper circuit of 20 per cent at Rs 1,639 apiece on Tuesday after the company announced its board will meet on January 25, to consider voluntary delisting of equity shares from the BSE.

“A meeting of the board of directors of the company will be held on Friday, 25 January 2019, to consider, approve and take on record the audited financial results of the company for the quarter and year ended 31 December 2018 and also to consider, if thought fit, to recommend the final dividend for the financial year ended 31