The 10th of March 2023 marked the delisting of Sintex Industries from the NSE and BSE. Everyone who owns shares has been informed that they have been sold for nothing. The business already informed the investors that it was delisting the company, not suspending it from trading, erasing the entire 126 crore rupees in wealth held by retail investors.
Sintex Industries, a prominent Indian company, has recently been in the news for its delisting from the stock market. The company, which is engaged in the manufacturing of plastics and textiles, announced its decision to voluntarily delist its shares from the exchanges in June 2020, citing its need to restructure its business and focus on long-term growth.
