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Exchange Disseminated Time 02/06/2016 20:20:12 | With reference to the earlier letter dated June 02, 2016 regarding Fixing of floor price for Voluntary Delisting, Xchanging Solutions Ltd has now informed BSE that in connection with fixing of floor price for voluntary delisting of the equity shares of the Company from BSE Ltd & National Stock Exchange of India Limited ("Delisting Proposal"), the Company has received a letter dated June 01, 2016 (along with a certificate issued by a chartered accountant dated May 25, 2016) on June 02, 2016 from CSC Technologies India Private Limited stating the floor price for the Delisting Proposal, determined in accordance with regulation 15(2) of the Delisting Regulations read with regulation 8 of the Takeover Regulations, to be INR 39.23 (Indian Rupees Thirty Nine and Twenty Three Paise only). (revised information) |
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