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.

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