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Thursday, February 19, 2009

Malco gets shareholders nod for equity delisting

Vedanta Resources Group firm Madras Aluminium Co (Malco) on Thursday said it has received approval from its shareholders for the delisting of the company's equity shares.

“The shareholders have granted in-principle approval to the proposal for voluntary delisting of the company's equity shares,” Madras Aluminium Co said in a filing to the NSE. The shares of Malco were trading at Rs 80, up 1.72 per cent in the afternoon trade on the NSE.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 20
18:00 Fed's Waller speech 2
18:00 New Housing Price Index (MoM) 1 -0.2% -0.2% -0.4%
18:00 Raw Material Price Index 1 -0.4% -0.8% -3.3% Revised from -3.0%
18:00 Industrial Product Price (MoM) 1 -0.5% 0.0% -0.8%
n/a Fed Monetary Policy Report 2
22:30 Baker Hughes US Oil Rig Count 1 439
Sunday, Jun 22
22:45 Fed's Daly speech 2
Monday, Jun 23
04:30 S&P Global Services PMI 2 50.6
04:30 S&P Global Manufacturing PMI 2 51
04:30 S&P Global Composite PMI 2 50.5
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