Shri Vasuprada Plantations Ltd — Updates, 20-05-2025: Company Update

Shri Vasuprada Plantations Limited has announced a board meeting to consider and approve the voluntary delisting of its equity shares from the Calcutta Stock Exchange (CSE) only. The shares will continue to be listed and traded on BSE, ensuring no impact on shareholders’ ability to trade. The company cited no trading activity on CSE for several years and the cost of maintaining the listing as reasons for the delisting. The delisting offer was successful as the promoter group already holds over 90% of the equity. Public shareholders did not tender any shares during the reverse book building process. An exit window will be available for residual public shareholders to offer shares at the exit price within one year of delisting from CSE.