CONSOFINVT NSE filing

Consolidated Finvest Appoints Company Secretary for Delisting Due Diligence

The RealCase readMedium impact Neutral

Consolidated Finvest & Holdings Limited appointed M/s Bhumika & Co. for due diligence related to a voluntary delisting proposal. The Board approved the appointment on September 11, 2026. This follows an initial announcement on September 3, 2026, regarding the acquisition of public shares for delisting.

Why it matters

The delisting process, if successful, will significantly impact the company's public shareholding and its status on the stock exchange. The appointment is a material step towards this outcome.

The market read

The appointment of a company secretary for due diligence is a procedural step in the delisting process and does not inherently indicate positive or negative outcomes at this stage.

Consolidated Finvest & Holdings Limited has appointed M/s Bhumika & Co., a Practicing Company Secretary, to conduct due diligence as part of the delisting process. This appointment is in accordance with Regulation 10(2) of the SEBI Delisting Regulations, 2021.

The Board of Directors of the company held a meeting on September 11, 2026, from 4:30 PM to 5:00 PM, during which this appointment was made. M/s Bhumika & Co. will submit a report as per Regulation 10(3) of the SEBI Delisting Regulations.

This action is a continuation of the initial public announcement made on September 3, 2026, by Saffron Capital Advisors Private Limited, the Manager to the Offer. The offer is from Concatenate Advest Advisory Private Limited, part of the promoter group, and Jindal India Powertech Limited (PAC), to acquire all equity shares held by public shareholders and voluntarily delist the company's shares from the National Stock Exchange of India Limited.

The appointment of the Peer Reviewed Company Secretary, holding certificate No. 8009/2026 valid until May 31, 2031, is a key step in the voluntary delisting proposal. Further details will be available on the company's website at www.consofinvest.com/investor_relations.htm.

Filing to action

What to do with a filing like this

Consolidated Finvest & Holdings Limited filed this with the NSE as a statutory disclosure, categorised under delisting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Consolidated Finvest & Holdings Limited. Read the original for the full detail.

View original filing