Tata Global Beverages may delist from Calcutta Stock Exchange

Tata Global Beverages Ltd (TGBL) is considering to delist from Calcutta Stock Exchange and may file an application regarding it.
The board would decide on the issue on February 1, when the Kolkata-based company would declare its results for the October-December quarter.
"With reference to the earlier letter dated January 24, 2017, intimating of the convening of the Meeting of the Board of Directors on February 1, 2017, TGBL has now informed BSE that the Board, at the said meeting, may inter-alia consider making an application to the Calcutta Stock Exchange Association Limited (CSE), a Regional Stock Exchange, seeking voluntary delisting of its equity shares from CSE," TGBL informed BSE.

However, the company would continue to be listed on BSE and NSE.
"The company's shares will continue to be listed on BSE Limited and National Stock Exchange of India Ltd," it added.
Shares of the company were trading at Rs 129.40 on BSE, up 0.94 per cent from previous close.