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U. P. Hotels is seeking shareholder approval for voluntary delisting from BSE. Promoters intend to acquire public shares, addressing minimum public shareholding requirements and offering an exit for thinly traded shares. The board has endorsed this plan. For approval, public shareholder votes in favor must be at least double those against. A floor price of Rs. 900 per share has been set. The final exit offer will be determined by a reverse book building process, ensuring shareholders receive at least this floor price. This postal ballot is critical for public shareholders.