Shares of media and entertainment firm UTV Software Communications will stop trading on the National Stock Exchange ( NSE) from March 9, 2012, pursuant to a voluntary delisting by the company.
Besides, Carol Info Service, which provides contract manufacturing service for nutraceutical and milk-based products, would also be suspended for trading on the bourse from March 12.
'Securities of UTV Software Communications and Carol Info Services will be suspended for trading on NSE with effect from March 9, 2012 and March 12, 2012 respectively on account of voluntary delisting pursuant to Securities and Exchange Board of India ( SEBI) ( Delisting of Equity Shares) Regulations, 2009,' according to a circular by the National Stock Exchange.
Both the companies had begun their respective delisting processes last month.
Walt Disney had offered Rs835.03-1,000 a share for UTV Software shares, while the Khorakiwala Group had launched delisting offer for shares of the group firm Carol Info Services for Rs106 a piece.
UTV Software Communications and Carol Info Services would be excluded from S&P CNX 500 Index, while Indiabulls Real Estate and L&T Finance Holdings respectively would be included in the index.
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Besides, Carol Info Service, which provides contract manufacturing service for nutraceutical and milk-based products, would also be suspended for trading on the bourse from March 12.
'Securities of UTV Software Communications and Carol Info Services will be suspended for trading on NSE with effect from March 9, 2012 and March 12, 2012 respectively on account of voluntary delisting pursuant to Securities and Exchange Board of India ( SEBI) ( Delisting of Equity Shares) Regulations, 2009,' according to a circular by the National Stock Exchange.
Both the companies had begun their respective delisting processes last month.
Walt Disney had offered Rs835.03-1,000 a share for UTV Software shares, while the Khorakiwala Group had launched delisting offer for shares of the group firm Carol Info Services for Rs106 a piece.
UTV Software Communications and Carol Info Services would be excluded from S&P CNX 500 Index, while Indiabulls Real Estate and L&T Finance Holdings respectively would be included in the index.
....more info