HOCL Announces Exit Opportunity for HFL Shareholders Following Delisting Process
Hindustan Organic Chemicals Limited has announced newspaper advertisements regarding exit opportunities for residual public shareholders of subsidiary Hindustan Fluorocarbons Limited following its delisting from BSE effective February 6, 2026. The exit window remains open until May 6, 2026, with Capital Square Advisors Private Limited serving as the merchant banker facilitating the process.

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Hindustan Organic Chemicals Limited (HOCL) has submitted a corporate announcement to BSE Limited regarding newspaper advertisements published for the exit opportunity available to residual public shareholders of its subsidiary Hindustan Fluorocarbons Limited (HFL).
Corporate Announcement Details
The announcement, dated March 14, 2026, was submitted by Company Secretary & Compliance Officer Subramonian H to BSE Limited. The communication references scrip code 500449 and pertains to the ongoing delisting process of HFL.
| Parameter | Details |
|---|---|
| Announcement Date: | March 14, 2026 |
| Submitted To: | BSE Limited |
| Reference: | HOC/SEC/BSE/2026 |
| Scrip Code: | 500449 |
Delisting Process Update
According to the announcement, HFL has been delisted from BSE records effective February 6, 2026. The merchant banker, Capital Square Advisors Private Limited, has published follow-up communications in multiple newspapers on behalf of HOCL as the acquirer.
Newspaper Publications
The exit opportunity advertisements were published in:
- Financial Express (all editions)
- Jan Satta (Hindi all editions)
- Nava Telangana (Telugu Hyderabad edition)
Exit Opportunity Framework
The exit opportunity for residual public shareholders remains available from February 6, 2026, until May 6, 2026, as per the Letter of Offer provisions and SEBI communication dated February 13, 2026.
| Key Dates | Timeline |
|---|---|
| Exit Window Opens: | February 6, 2026 |
| Exit Window Closes: | May 6, 2026 |
| HFL Delisting Effective: | February 6, 2026 |
Shareholder Information Access
Residual shareholders can access the Letter of Offer and requisite exit forms through multiple channels:
- Company website: www.hfl.co.in/voluntary-delisting
- Manager website: www.capitalsquare.in
- Email requests to: cs@hoclindia.com or mb@capitalsquare.in
Manager Details
Capital Square Advisors Private Limited serves as the Manager to the Offer with the following credentials:
| Details | Information |
|---|---|
| SEBI Registration: | INM000012219 |
| Address: | 208, 2nd Floor, AARPEE Center, MIDC Road No 11, CTS 70, Andheri (East), Mumbai - 400 093 |
| Contact: | 022 6684 9999/ 022 6684 9948 |
| Email: | mb@capitalsquare.in |
Regulatory Compliance
The corporate announcement ensures compliance with regulatory requirements for delisting processes. HOCL, as the acquirer and member of HFL's promoter group, is facilitating the exit mechanism for shareholders who did not participate in the initial delisting offer period.
The announcement emphasizes that Exit Letters of Offer will be dispatched individually to residual shareholders, providing detailed procedures and forms for tendering equity shares before the exit window closes.
Historical Stock Returns for Hindustan Organic Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.20% | -4.57% | -12.50% | -26.51% | +13.56% | -23.42% |































