Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009 as amended from time to time, the company has complied with the formalities for voluntary delisting of Equity shares. Accordingly, the trading in the equity shares of REIL Electricals India Limited (Scrip Code: 505817) will be discontinued w.e.f. Tuesday, September 24, 2019.
Further the above scrip will be delisted from the Exchange records w.e.f Tuesday, October 01, 2019.
Trading Members may further note that the exit option will be kept open by the Acquirers/ Promoters, Bhupinder Investment Company Private Limited, Ms Brijween Kaur Sahney, Ms Jasmine Sahney Pillai, Ms Anjana Sahney Thakker, Ms Ambita Sahney and Ms Deepika Sahney, for the remaining public shareholders for a period of two years from the date of delisting at the rate of Rs.45/- (Rupees Forty-Five only) per Equity Share, being the exit price determined.
Shareholders may send their option forms to the company at the below mentioned address:
REIL Electricals India Limited
Registered Office: No.8-2-409, Road No.6,
Banjara Hills, Hyderabad, Telangana - 500 034,
Tel No: +91 40-23354833, 73306 24499
Website: www.reilindia.com
Email: cs@reilindia.com
Contact Person: Mrs. Girija Rampalli, Company Secretary
Trading Members of the Exchange are requested to take a note of the above.
In case of any clarifications Trading Members may please contact Ms. Rupal Khandelwal on 2272 8262.
Rupal Khandelwal Raghavendra Bhat
Senior Manager Deputy Manager
September 17, 2019 |