Crystal Business System Ltd Approves Proposal for Voluntary Delisting from MSEI
Crystal Business System Ltd (CBSL) announced that its Board of Directors has approved a proposal for the voluntary delisting of its equity shares from Metropolitan Stock Exchange Limited (MSEI). The decision was made at a board meeting held on Tuesday, July 21, 2026.The company confirmed that the delisting is set to occur without providing an exit opportunity to shareholders, in compliance with Regulation 6 of the Delisting Regulations.
CBSL's securities include equity shares, bearing the ISIN INE994R01028 and a paid-up value of 01. The company currently has 10,02,65,430 shares listed on the Exchange.
The decision for delisting without an exit opportunity was based on the Company’s plan to continue listing its shares on BSE, which is noted as a nationwide stock exchange.
The Board of Directors reviewed and approved the proposal, signaling CBSL's intent regarding its capital structure transition in relation to MSEI.
Stock Price Movement
Crystal Business System Ltd. settled in post-market trading on Tuesday, dipping 1.05% to ₹1.88. Shares moved throughout the day between an intraday high of ₹1.88 and a low of ₹1.87.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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