Board of Indbank Merchant Banking Services decides to delist shares from BSE

At meeting held on 09 August 2014

Indbank Merchant Banking Services announced that the Company's shares are listed at Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

With the extensive networking of the NSE, investors have access to dealing in the Company's shares across the country. Most of the trading in the company's shares takes place only on the NSE and there has been thin/low volume trading of the Company's shares in BSE.

Hence, the Board at its meeting held on 09 August 2014 have decided to delist the shares of the company from BSE in accordance with SEBI (Delisting of Securities) Guidelines, 2009. No exit opportunity is given to the shareholders, since the shares of the company continues to be listed in NSE.

 

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