 "Riddhi Siddhi Gluco Biols zooms 20% on delisting plan")
Riddhi Siddhi Gluco Biols was locked in upper circuit of 20% at Rs 581, also its new high on the BSE, after the company announced that the board will meet on Tuesday, 12th December, 2017 to consider the delisting proposal.
The company has received the proposal from the promoter(s)/promoter(s) group as regards delisting of equity shares of the company from BSE, Riddhi Siddhi Gluco Biols said in a filing.
As of September 30, 2017, the promoters held 74.82% stake in commodity chemicals Company. Of the remaining 25.18% stake, the public shareholders held 10.08% holding, followed by Stuti Trademart
The company has received the proposal from the promoter(s)/promoter(s) group as regards delisting of equity shares of the company from BSE, Riddhi Siddhi Gluco Biols said in a filing.
As of September 30, 2017, the promoters held 74.82% stake in commodity chemicals Company. Of the remaining 25.18% stake, the public shareholders held 10.08% holding, followed by Stuti Trademart
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