Regarding TTK healthcare delisting,
What is probability of delisting going successful ? Out of minimum of 90% total shareholding requirement, as per current shareholding
~75% is by promotor,
16.5% is holding by Retail shareholder (13% small less than 2L capital)
5.5% with MF & FII,
1% in IEPF
~2% Corporate and NRI
To me it appears that without any large fund holding/tendering and retail holding key to delisting, reaching 90% itself is difficult when cmp and floor price is not huge diff. Since promoter hold quite a large stack, remaining 15% asking for higher price may not make dent on delisting price derivation.
| Subscribe To Our Free Newsletter |
