Sumedha Fiscal Services Ltd has received approval from the Calcutta Stock Exchange (CSE) for the voluntary delisting of its equity shares. The company had previously submitted an application for this delisting on September 24, 2025.

Delisting Approval and Effective Date

The Calcutta Stock Exchange has granted approval for the voluntary delisting of Sumedha Fiscal Services' equity shares. The delisting will take effect from December 1, 2025. As a result, the company will be removed from CSE's official list in accordance with SEBI delisting regulations.

Continued Listing on BSE

While Sumedha Fiscal Services will be delisted from the Calcutta Stock Exchange, the company will continue to remain listed on the Bombay Stock Exchange (BSE). This ensures that investors will still have a platform to trade the company's shares.

Regulatory Compliance

The delisting process has been carried out in compliance with the applicable regulations, including the SEBI (Delisting of Equity Shares) Regulations, 2021. The company has followed the necessary procedures and obtained the required approvals for this voluntary delisting.

Implications for Investors

Investors who primarily traded Sumedha Fiscal Services shares on the Calcutta Stock Exchange may need to adjust their trading strategies. However, the continued listing on BSE ensures that there is still a market for the company's shares.

Company's Communication

Sumedha Fiscal Services has provided updates throughout this process. The company had previously communicated its intent to delist and has now informed stakeholders about the approval and effective date of the delisting.

Shareholders and potential investors are advised to take note of this development and make informed decisions based on their investment strategies and goals.

Sumedha Fiscal Services Ltd has announced a significant board meeting scheduled for August 6, 2025, to address key financial and strategic matters. The company's Board of Directors will convene to review and approve the unaudited financial results for the first quarter ended June 30, 2025, on both standalone and consolidated bases.

Potential Delisting from Calcutta Stock Exchange

The board will deliberate on the voluntary delisting of Sumedha Fiscal Services' equity shares from the Calcutta Stock Exchange Ltd. This consideration comes under the purview of the Securities and Exchange Board of India (SEBI) Delisting of Equity Shares Regulations, 2021.

It's important to note that while the company is exploring delisting from the Calcutta Stock Exchange, it will maintain its listing on BSE Limited, ensuring continued access to a nationwide trading platform for its shareholders.

Financial Results Review

The upcoming board meeting will focus on evaluating the company's financial performance for the first quarter of the fiscal year 2025-26. This review is crucial for investors and stakeholders to gauge the company's financial health and operational efficiency.

Implications for Shareholders

Shareholders and potential investors should pay close attention to the outcomes of this meeting, as it may have significant implications for the company's market presence and accessibility. The potential delisting from the Calcutta Stock Exchange, if approved, could impact trading options for some investors, although the continued listing on BSE Limited should ensure liquidity and market access.

Additional Corporate Updates

In related news, Sumedha Fiscal Services has announced its 36th Annual General Meeting (AGM) to be held on August 26, 2025, via video conferencing. The company has completed the dispatch of AGM notices to shareholders and has provided information on e-voting procedures for the upcoming meeting.

The board has recommended a final dividend of Re.1.00 per share (face value Rs.10.00 per share) for the financial year 2024-25, subject to shareholder approval at the AGM.

Investors and stakeholders are advised to monitor the company's official communications for further updates following the August 6 board meeting.