Stocks

INEOS Styrolutions delisting meet eyed

| Updated on August 22, 2019

 

Shares of INEOS Styrolutions will remain in focus, as its board is meeting on Friday to consider a delisting proposal. Last week, the company had appointed ICICI Securities to carry out due diligence for the proposed delisting. Earlier, the company had received a letter from its promoter INEOS Styrolution APAC Pte Ltd, expressing their intention to acquire 43.96 lakh (representing 25 per cent of total paid-up equity) held by public shareholders.

Published on August 23, 2019

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