Associated Ceramics Ltd approves voluntary delisting from Calcutta Stock Exchange
The board resolved on 3 July 2026 to remove its equity shares from the Calcutta Stock Exchange, subject to regulatory approvals.
What Associated Ceramics Ltd announced
On 3 July 2026, the Board of Directors of Associated Ceramics Ltd met and approved the voluntary delisting of the company’s equity shares from the Calcutta Stock Exchange Ltd (CSE). The resolution was filed with the Bombay Stock Exchange (BSE) on the same day (03‑Jul‑2026) and is now part of the public record.
Details of the delisting resolution
- Resolution type: Voluntary delisting of equity shares listed on the Calcutta Stock Exchange.
- Board meeting date: 3 July 2026.
- Filing date: 3 July 2026, 09:41 UTC (BSE).
- Regulatory framework: The delisting will be carried out in compliance with the Securities and Exchange Board of India (SEBI) (Delisting of Equity Shares) Regulations, 2009, and the listing agreement between Associated Ceramics and the CSE.
- Next steps: The company must obtain approvals from SEBI, the CSE, and the shareholders holding the affected shares. A detailed delisting timetable, including the offer price and redemption mechanism, will be communicated in a separate notice.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Associated Ceramics Ltd |
| BSE Scrip Code | 531168 |
| NSE Scrip Code | – (not listed on NSE) |
| Action | Voluntary delisting from CSE |
| Board meeting date | 3 July 2026 |
| Filing date | 3 July 2026 (09:41 UTC) |
| Regulatory reference | SEBI (Delisting of Equity Shares) Reg. 2009 |
| Source | BSE filing (PDF) |
Why this matters for investors
The delisting removes the company’s shares from one of the regional exchanges where they were previously tradable. Existing shareholders on the CSE will need to either transfer their holdings to another exchange (such as BSE/NSE) or accept the cash/redemption offer that the company will propose. The move does not affect shares listed on BSE, which remain tradable. The decision is voluntary, indicating the board’s intent to consolidate trading on larger platforms, potentially improving liquidity and reducing compliance costs.
Conclusion
Associated Ceramics Ltd’s board has formally approved the voluntary delisting of its equity shares from the Calcutta Stock Exchange, pending the requisite regulatory and shareholder approvals. The company will issue further communications outlining the exact redemption terms and timeline. Until then, shareholders holding CSE‑listed shares should monitor forthcoming notices for actionable steps.
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Source filing: view original