Ladam Affordable Housing Limited has made the announcement that it will voluntarily delist its equity shares from the Calcutta Stock Exchange (CSE) while continuing to be listed on the Bombay Stock Exchange (BSE). This has been approved at a board meeting held on March 13, 2025.
Main points:
1.Equity shares will continue to be listed on BSE
2.Voluntary delisting from CSE approved
3.Decision is to simplify listing and minimize compliance burden
4.No effect anticipated on shareholders' capacity to trade
The board of the company mentioned the necessity to maximize listing costs and minimize compliance processes as key reasons for delisting from CSE. The decision is in line with Ladam Affordable Housing's initiatives to maximize operational efficiency.
Investors are free to continue trading the shares of the company on the BSE, where the stock closed at ₹6.70 on March 19, 2025, higher by 2.91% compared to its last close.
Sources: Ladam Affordable Housing Limited BSE Filing, Economic Times, March 19, 2025