Sumedha Fiscal Services Initiates Voluntary Delisting from Calcutta Stock Exchange

1 min read     Updated on 24 Sept 2025, 04:37 PM
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Ashish ThakurScanX News Team
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Overview

Sumedha Fiscal Services Ltd has submitted an application for voluntary delisting of its equity shares from the Calcutta Stock Exchange Limited (CSE) on September 24, 2025. This follows an earlier intimation made on August 06, 2025. The delisting is subject to CSE approval and must comply with SEBI regulations. The company remains listed on the Bombay Stock Exchange (BSE). Further updates will be provided upon receiving approval from the exchange.

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*this image is generated using AI for illustrative purposes only.

Sumedha Fiscal Services Ltd has taken a significant step towards streamlining its stock exchange presence by submitting an application for voluntary delisting of its equity shares from the Calcutta Stock Exchange Limited (CSE) on September 24, 2025.

Delisting Application Details

The company, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has formally submitted its delisting application to the CSE. This move follows an earlier intimation made by the company on August 06, 2025, signaling its intent to pursue this course of action.

Regulatory Compliance and Approval Process

The delisting process is subject to approval from the Calcutta Stock Exchange and must adhere to applicable regulations, including the SEBI (Delisting of Equity Shares) Regulations, 2021. Sumedha Fiscal Services has emphasized that it will provide further updates once it receives approval from the exchange.

Company's Communication

Dhwani Fatehpuria, Company Secretary & Compliance Officer of Sumedha Fiscal Services Ltd, signed the official communication regarding the delisting application. The company has ensured transparency by making this information available on its website under the disclosures section.

Implications for Investors

While the company remains listed on the Bombay Stock Exchange (BSE), this move to delist from the Calcutta Stock Exchange may impact the trading dynamics for investors, particularly those who primarily trade on the CSE.

Shareholders and potential investors are advised to keep a close watch on further announcements from the company regarding the progress of the delisting application and any subsequent steps in the process.

As the situation develops, Sumedha Fiscal Services Ltd is expected to provide more details on the implications of this delisting for its shareholders and the company's future trading status.

Historical Stock Returns for Sumedha Fiscal Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-4.40%-5.69%-21.17%+1.13%+195.45%
Sumedha Fiscal Services
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Sumedha Fiscal Services to Consider Q1 Results and Delisting from Calcutta Stock Exchange

1 min read     Updated on 02 Aug 2025, 02:49 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Sumedha Fiscal Services Ltd has scheduled a board meeting for August 6, 2025, to review Q1 FY2025-26 financial results and consider voluntary delisting from the Calcutta Stock Exchange. The company will maintain its listing on BSE Limited. The board will also discuss the upcoming AGM on August 26, 2025, and a recommended final dividend of Re.1.00 per share for FY2024-25.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Sumedha Fiscal Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-4.40%-5.69%-21.17%+1.13%+195.45%
Sumedha Fiscal Services
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