The Indian market recouped most intraday losses but failed to close in the green on Wednesday. The S&P BSE Sensex recovered after falling more than 1,000 points in the morning trade, while the Nifty50 closed above the 18,000 mark. The S&P BSE Sensex closed with losses of more than 200 points but managed to hold … Read more
According to the delisting laws, the company has one year or till September to submit the final application to the stock exchanges. Synopsis Allcargo had passed a special resolution last October to delist the company where the promoter group holds 70% stake. The delisting floor price was set at Rs 92.6. ET INTELLIGENCE GROUP: Analysts … Read more
NEW DELHI: Shares of Allcargo Logistics hit 20 per cent upper circuit limit in Tuesday’s trade after the company said its board will meet on Thursday to consider a proposal for voluntary delisting of the company. In a note to BSE, the company said it received a letter from Shashi Kiran Shetty and Talentos Entertainment, … Read more