Traders are cautioned on Piramal Glass, the shares of which will not be available for trading from July 21, as the company has met with success in its delisting offer. The promoter had fixed an exit price at ₹140 a share. The objective of the delisting was to give flexibility to the promoter group to provide the company with financial support, including modifying the existing capital structure, infusing additional capital and supporting the company’s strategic growth initiatives.
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