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Board of Essar Ports approves proposal for delisting of shares

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Capital Market
Last Updated : Oct 13 2014 | 11:45 AM IST

At meeting held on 11 October 2014

Essar Ports announced that the Board of Directors of the Company at its meeting held on 11 October 2014 has approved the proposal for delisting of equity shares of the Company from Essar Shipping and Logistics (ESLL) in accordance with the SEBI (Delisting of Equity Shares) Regulations, 2009 by acquiring 10,71,06,857 equity shares of the company representing 25.03% of the Company's equity shares held by the public shareholders of the Company (i.e. shareholders others than ESLL and other promoter group entities).

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First Published: Oct 13 2014 | 11:07 AM IST

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