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of <h1>Stock Exchange Can Delist Company Shares After Hearing, Following Securities Contracts Regulation Act, 1956 Guidelines</h1> A recognized stock exchange may delist a company's equity shares on grounds specified under the Securities Contracts (Regulation) Act, 1956, after providing the company an opportunity to be heard. A panel comprising stock exchange directors, an investor representative, a Ministry of Corporate Affairs representative, and the exchange's Executive Director will decide on compulsory delisting. Prior notice of proposed delisting must be published in newspapers and online, allowing for public representations. Upon delisting, the exchange must publish a notice detailing the delisting and inform other exchanges where the shares are listed. Chapter IV provisions do not apply to compulsory delisting.
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