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Promoter of DFM Foods expresses interest to delist shares of the company

As on date, the promoter-AI Global Investments, hold 73.7 per cent stake in the company

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The filing said it will separately inform the floor price determined in accordance with the aforesaid provisions, in due course

Sharleen D'Souza Mumbai

2 min read Last Updated : Aug 15 2022 | 11:46 PM IST

AI Global Investments and AI Darwin (person acting in concert with the acquirer- PAC) have expressed their interest to delist the shares of DFM Foods both on BSE and NSE, the company said in a stock exchange filing.

As on date, the promoter-AI Global Investments, hold 73.7 per cent stake in the company. The filing said that JM Financial has been appointed as the manager to the delisting proposal.

The company also said that the discovered price will be determined through the reverse book building process specified in Schedule II of the Delisting Regulations, after fixation of the ‘floor price’ which will

Topics : Delisting of shares

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