Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
Infosys to delist shares from Paris, London stock exchanges but continue to trade on NYSE
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Infosys to delist shares from Paris, London stock exchanges but continue to trade on NYSE

Infosys to delist shares from Paris, London stock exchanges but continue to trade on NYSE

Indo Asian News Service • March 12, 2018, 19:09:40 IST
Whatsapp Facebook Twitter

Infosys will delist its American Depository Shares (ADS) from the Euronext Paris and Euronext London stock exchanges but continue to trade on the NYSE.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Infosys to delist shares from Paris, London stock exchanges but continue to trade on NYSE

Infosys on Monday said it will delist its American Depository Shares (ADS) from the Euronext Paris and Euronext London stock exchanges but continue to trade on the NYSE. [caption id=“attachment_3961315” align=“alignleft” width=“300”]Reuters Reuters[/caption] The “reason for voluntary delisting is the low average daily trading volume of ADS on both the exchanges,” the IT major said in a statement. The company’s Indian shares, of a Rs 5 face value, are traded on the BSE and the NSE in Mumbai. Since the listing of the ADS on the Paris and London exchanges five years ago, its average daily trading volume has been lower than on the New York Stock Exchange (NYSE). “There will be no change to the Infosys share/ADS count, capital structure and float, as a result of the proposed delisting from the twin Euro exchanges,” said the company in a regulatory filing on the BSE. The delisting will be after approval from Euronext Paris S.A. and Euronext London Ltd. “As the ADS will continue to be on the NYSE under its symbol ‘Infy’, investors can trade their ADS on the US exchange,” the statement said. The company will provide a sales facility to ADS holders on the Paris and London stock exchanges for trading them on the NYSE. “ADS holders, who opt for the facility, can sell their shares on the NYSE in accordance with Paris and London stock exchange rules,” added the statement. The company’s blue-chip scrip finished at Rs 1,185.85 per share on the BSE on Monday, gaining Rs 22.45 from 9 March’s closing price of Rs 1,163.40.

Tags
Infosys London Mumbai Paris BSE NSE New York NYSE
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV