Saumya Consultants Ltd approves voluntary delisting of its shares from CSE

What Saumya Consultants announced

On 29 June 2026, Saumya Consultants Ltd (BSE: 539218) disclosed that its Board of Directors approved the voluntary delisting of the company’s equity shares from the Calcutta Stock Exchange Limited (CSE). The resolution was passed during a brief board meeting that started at 11:00 AM and wrapped up at 11:20 AM.

The company cited two primary reasons for the move: (i) the trading volume on CSE has become negligible, and (ii) maintaining a listing on CSE adds administrative compliance costs that are no longer justified.

Details of the voluntary delisting

• Exchange affected: Calcutta Stock Exchange Limited (CSE).
• Regulatory basis: The decision is taken under the SEBI (Delisting of Equity Shares) Regulations, 2015, as amended.
• Scope: Only the CSE listing will be withdrawn; Saumya Consultants remains listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
• Shareholder impact: Existing shareholders will continue to hold their shares on NSE/BSE. No cash consideration, buy‑back, or tender offer was announced in the filing.
• Implementation timeline: The filing does not specify an exact date for the delisting to become effective; it will follow the procedural timeline prescribed by SEBI.

Regulatory framework

The SEBI (Delisting of Equity Shares) Regulations, 2015, provide a clear pathway for companies to voluntarily delist from any recognized stock exchange, subject to shareholder approval and compliance with disclosure norms. While the filing mentions the board’s approval, it does not indicate whether a separate shareholder vote is required for the CSE delisting, as the regulation may allow board‑level approval when the exchange is a subsidiary market with limited trading activity.

Key facts at a glance

Why this matters for investors

The delisting removes Saumya Consultants from a market where its shares see little activity, potentially streamlining reporting and reducing compliance overheads. For shareholders, the practical effect is limited: their holdings remain tradable on NSE and BSE, which are the primary venues for liquidity. No immediate financial transaction (such as a buy‑back) is associated with the move, so the shareholding pattern and capital structure stay unchanged.

Conclusion

Saumya Consultants Ltd’s board has formally approved the voluntary removal of its equity shares from the Calcutta Stock Exchange, citing low trading volumes and cost optimisation. The delisting will be executed under SEBI’s delisting regulations, and the company will continue to be listed on NSE and BSE. No further shareholder actions or financial considerations were disclosed in the filing.