From Ahmedabad Stock Exchange
CMI announced that as approved by the Board of Directors on 28 January 2015, the Company shall apply for voluntary delisting of the Equity Shares of the Company from The Ahmedabad Stock Exchange ("ASE") in accordance with Regulation 6(a) and Regulation 7 of the Securities & Exchange Board of India (Delisting of Equity Shares) Regulations, 2009.The aforesaid equity shares of the Company shall continue to be listed on the Bombay Stock Exchange having nationwide trading terminals and hence, no exist opportunity is required to be given to the public shareholders.
Reason for Delisting:
The benefits accruing to the investors by keeping the equity shares listed on ASE do not commensurate with the cost incurred by the Company for the continued listing on ASE.
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