ImportantCompany Update

TeleCanor Global met with BSE officials to address significant delays in processing its pending applications, including an in-principle approval for new share issuance and listing approvals.

TeleCanor Global Ltd530595 · Filed with the exchange

The company highlighted that these prolonged delays have caused uncertainty among investors and resulted in the loss of a proposed investment of approximately Rs. 21.78 crore.

During the meeting, TeleCanor requested expedited processing of applications, a refund of processing fees for a preferential issue no longer proceeding, and improved transparency for tracking application statuses.

The company is awaiting further updates from the Stock Exchange.

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