Yokogawa India Ltd foreign promoter to delist shares

Yokogawa India Ltd has announced that the Company had received a notice dated December 14, 2006 from Yokogawa Electric Corporation Japan, (the Promoter) informing that they are intended to purchase the outstanding publicly held shares of the Company and de-list the shares in accordance with the relevant regulation/s.

Further the Company has informed that, a meeting of the Board of Directors of the Company will be held on December 18, 2006, inter alia, to take on record the aforesaid proposal for delisting of Company's shares.

Source : Equity Bulls

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