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<h1>Regulation 106ZD: Entities Can Exit Institutional Trading Platform with Shareholder Approval and Exchange Consent for Compliance.</h1> Regulation 106ZD of the SEBI regulations allows entities whose securities are listed on the institutional trading platform without a public issue to exit the platform if shareholders approve via a special resolution and the stock exchange consents. If an entity fails to comply with listing conditions, the stock exchange may delist its securities. Entities delisted for non-compliance cannot list on the platform for five years, except if promoted by independent directors. These provisions ensure orderly exit and compliance with listing norms on the institutional trading platform.