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Article: Birla Kennametal to delist shares from ASE.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- August 24, 2007
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Birla Kennametal to delist shares from ASE
Mumbai, Aug 23 (PTI) Machine tools maker Birla Kennametal Ltd today said it would delist its shares from Ahmedabad Stock Exchange (ASE) as its trading volume on the bourse is very insignificant.
The board of directors of the company at a meeting held recently decided for voluntary de-listing of its equity shares from ASE, it informed the Bombay Stock Exchange today.
US-based Kennametal Inc holds a 44.38 per cent stake in the Yash Birla group company.
The ...