Valley Magnesite Company Ltd Approves Voluntary Delisting from Calcutta Stock Exchange
The Board of Directors of Valley Magnesite Company Ltd has approved the voluntary delisting of its Equity Shares from The Calcutta Stock Exchange Limited (CSE). This decision was reached during a board meeting held on June 29, 2026.The company's rationale for voluntarily exiting the CSE market centers on optimizing administrative compliance costs and addressing negligible trading volume within that specific exchange.
While delisting from CSE, the company confirmed that its Equity Shares will continue to remain listed on The BSE Limited. Shareholders can access these shares through the BSE platform, which features nationwide trading terminals. Consequently, no exit option or offer is required to be made to public shareholders, as a continued trading platform remains available on the BSE.
Following this board approval, Valley Magnesite Company Ltd will proceed with filing the formal delisting application with CSE in due course.
Stock Price Movement
Valley Magnesite Company Ltd shares settled at ₹13.12 in post-market trading on Thursday, marking no change against its previous close. The stock remained completely flat throughout the session, staying locked at this specific price point from pre-open through the closing bell.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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