As per SEBI regulation voluntary delisting act for 2009. Effective December 23 2014 Financial Technology company equity shares delist in Ahmadabad stock exchange.
The Exchange has sought clarification from WIL recent news item captioned ” Walchandnagar industries may demerge into mfg, EPC, engg units & in addition will form Joint Ventures with Russian company AEM for nuclear business opportunists”. In this regard, Exchange have advised the company to provide clarification / confirmation on the news item in detail including the following : a) whether such event / notifications / article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the company. B) Whether company are aware of any information that has not been announced to the company are aware of any information that has not been announced to the Exchange under clause 36 of the listing agreement. The response from the company is awaited.