AB Nuvo board nod to extension of GDR program termination date

The board of directors of Aditya Birla Nuvo has approved and the depository has confirmed the extension of the date of termination of the GDR program from November 4 to December 8. The company on September 4 intimated the termination of the GDR program following which Citibank NA, New York, (the depository) had issued the notice of termination to the holders of the GDRs and had advised them of the program termination date as November 4. Shares of AB Nuvo edged down 0.54 per cent at ₹2,154.20 on the NSE.