CES Ltd — Updates, 18-07-2025: Company Update

CES Limited's promoters have initiated a voluntary delisting offer for shares from BSE. Public shareholders can tender their shares via a reverse book-building process between July 24 and July 30, 2025. The floor price is set at Rs. 92.36 per share. The offer aims to raise promoter holding to 90% for successful delisting, providing public shareholders an exit and enhancing CESL's operational flexibility and reducing compliance expenses. For FY25, the company reported revenue of Rs. 522.12 Cr and profit after tax of Rs. 26.15 Cr. An escrow of Rs. 86.07 Cr has been deposited. The board, including independent directors, affirms the offer serves shareholder interest.