Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Acquirer to Submit Final Delisting Application Within 5 Days Post Payment Under Regulation 24; Exchange to Process in 15 Days.</h1> Within five working days after paying public shareholders as per regulation 24, the acquirer must submit a final delisting application to the relevant stock exchange(s) using the specified form. This application must include necessary details confirming the provision of an exit opportunity in compliance with the chapter's provisions. The stock exchange(s) are required to process this complete application within fifteen working days. Once the application is processed, the company's equity shares will be permanently delisted from the stock exchange(s) as per the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
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