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02/05/2024 14:04

Welcast Steels - Updates on Voluntary Delisting Offer - Recommendations of the Committee of Independent Directors ('IDC')

Vivro Financial Services Pvt Ltd (\Manager to the Delisting Offer\) has submitted to BSE a copy of Recommendations of the Committee of Independent Directors ('IDC') of Welcast Steels Ltd ('Company') on the voluntary delisting offer made by AIA Engineering Limited ('Acquirer'), to the public shareholders of the Company for acquiring all the equity shares that are held by public shareholders and voluntary delist the equity shares from BSE Limited ('BSE') under Regulation 28 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 ('SEBI Delisting Regulations').