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Reverse book building closed with a discovered price of ₹300 per share versus the ₹273.36 floor. Successful bids covered 753,984 shares, lifting promoter and promoter-group ownership to 90.73%; the delisting offer is successful if acquirers accept the discovered price. Context: clears the delisting price-discovery and threshold hurdle.
Nitin Castings Delisting Offer Fails After Acquirers Reject ₹300 Price
Nitin Castings Delisting Fails As Promoters Reject ₹300 Discovered Price