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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Voluntary Delisting of Equity Shares Simplified: Board Approval, Public Notice, and Stock Exchange Application Under Regulation 7.</h1> Regulation 7 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 outlines the procedure for voluntary delisting of equity shares without requiring an exit opportunity. The process includes obtaining board approval, issuing a public notice in widely circulated newspapers, applying to the relevant stock exchange, and disclosing the delisting in the next annual report. The public notice must specify the stock exchanges involved, reasons for delisting, and continuation of listing on exchanges with nationwide trading terminals. The stock exchange must process the delisting application within thirty working days.
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