From London & Luxembourg Stock Exchanges
Himachal Futuristic Communications has voluntarily sought the delisting of GDRs from London Stock Exchange and Luxembourg Stock Exchange.The GDRs listing have been cancelled from London Stock Exchange and Luxembourg Stock Exchange with effect from 21 March 2014 and 23 December 2013 respectively consequent upon resignation by the Depository, Bank of New York.
The Company has not appointed any Successor Depository and has terminated the Deposit Agreement due to lack of liquidity with virtually no trading taking place due to investors' decreasing interest in depositary receipts.
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