Suashish Diamonds Ltd has announced that the Board of Directors of the Company at its meeting held on October 08, 2009, inter alia, has approved the delisting of Equity Shares of the Company from the Bombay Stock Exchange Ltd. (i.e. BSE) pursuant to Security Exchange Board of India (Delisting of Equity shares) Regulations, 2009.
Further, the board has also considered and approved the draft of Postal Ballot Notice (along with explanatory statement & Form) to be sent to Shareholders, for obtaining the approval to delist the equity shares of the Company from BSE.
For conducting the entire Postal Ballot process in a fair and transparent manner the Company has appointed Mr. Prashant Diwan, a practicing Company Secretaries, as Scrutinizer.
The stock closed the day at Rs.303.75, up by Rs.9.20 or 3.12%. The stock hit an intraday high of Rs.307 and low of Rs.290.
The total traded quantity was 29107 compared to 2 week average of 11117.
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Union Budget