Wednesday December 9, 06:30 PM
MUMBAI (Reuters) - Micro Inks Ltd said on Wednesday it plans to delist its shares from the Bombay Stock Exhcnage and National Stock Exchange (^NSEI : 5112 -35.95 ) as founder and majority shareholder MHM Holding GmBH would acquire its shares held by the public.
MHM Holding is recommending a price of 550 rupees a share for the public shareholders of Micro Inks an an attractive exit oppourtunity, the Indian firm said in a statement to the BSE (^BSESN : 17125.22 -102.46 ).
Micro Inks shares closed up 7.6 percent at 524.65 rupees in a weak Mumbai market.
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