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BF Investment zooms 20% as board to consider delisting plan on January 4

The promoters expressed their intention either individually or collectively, as the case may be, acquire all equity shares that are held by public shareholders.

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SI Reporter Mumbai
Shares of BF Investment were locked in the 20 per cent upper circuit at Rs 350.10 on the BSE on Monday at 09:17 AM after the company said its board will meet on Wednesday, January 4, 2023 to consider a delisting proposal.

A combined around 46,000 shares had changed hands, and there were pending buy orders for 660,000 shares on the NSE and BSE. The stock had hit a 52-week high of Rs 371.65 on January 12, 2022.

The meeting of board of directors of the company to be held on 4 January 2023 to consider the proposal