Promoters announce delisting of Universus Photo Imagings Ltd

Consolidated Photo & Finvest Limited, member of promoter and promoter group of the Company for and on behalf of other members of promoter group of the Company (collectively referred to as the 'Acquirers') of Universus Photo Imagings Limited have expressed their intention to: (a) acquire all the Equity Shares that are held by public shareholders; and (b) consequently voluntary delist the Equity Shares from the stock exchanges where the Equity Shares are presently listed, namely, BSE Limited and National Stock Exchange of India Limited, by making a delisting offer in accordance with the provisions of the Dclisting Regulations ('Delisting Proposal').

With regard to the delisting proposal, Corporate Professional Capital Private Limited. SEBI Registered Category I Merchant Bankers, have been appointed by the Acquirers as the 'Manager to the Offer', pursuant to and in accordance with Regulation 9 of the Delisting Regulations.

Shares of Universus Photo Imagings Limited was last trading in BSE at Rs. 504.95 as compared to the previous close of Rs. 500.90. The total number of shares traded during the day was 2371 in over 132 trades.

The stock hit an intraday high of Rs. 518.70 and intraday low of 494.45. The net turnover during the day was Rs. 1209873.00.

Source : Equity Bulls

Keywords

UniversusPhotoImagingsLimited INE03V001013 UNIVPHOTO PromoterGroup DelistingOffer