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| Exchange Disseminated Time 07/09/2016 18:12:18 | BLB Ltd has informed BSE that the meeting of the Board of Directors of the Company was held on September 07, 2016, commenced at 04:00 pm and concluded at 05:45 pm and the Board had, inter-alia, considered and decided the following businesses:
1. The Company has proposed the delisting of Company's shares from BSE Limited (BSE), without giving exit opportunity to the shareholders, as per Regulation 6(a) and 7 of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("SEBI Delisting Regulations") as the Equity Shares of the Company will continue to remain listed on the National Stock Exchange of India Limited (NSE), the stock exchange having nationwide trading terminals.
2. The public notice of the proposed Delisting will be published in terms of the Delisting Regulations.
3. Surrender of Trading and Clearing membership of Cash, F&O and Currency Segments of BSE Limited;
4. Surrender of Trading and Clearing membership of Cash, F&O and Currency Segments of Metropolitan Stock Exchange of India Limited. |
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