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Classic Electricals: Corporate Action-Updates on Delisting

We would like to inform you that in connection with the Initial Public Announcement dated June 22 2021 wherein the Acquirer had proposed to either by itself or together with the other members of the Promoter Group as the case may be to voluntary delist 84 675 (Eighty - Four Thousand Six Hundred And Seventy - Five) equity shares having face value of Rs10.00/- (Indian Rupees Ten only) (hereinafter referred to as Equity Shares) from BSE Limited (hereinafter referred to as Stock exchange) (hereinafter referred to as Delisting offer).

After seeking approval of shareholders of Company the Company made an application with the Stock Exchange for seeking their In-Principle approval for said Delisting Offer.

In this regards we would like to inform you that pursuant to SEBI Order no WTM/SKM/CFD/DCR/51/2021-22 dated November 17 2021; the Company has decided to withdraw the Delisting application.

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