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<h1>SEBI Regulations 2021: Protecting Shareholder Rights During Company Winding Up and Delisting from Stock Exchanges.</h1> In the event of a company's winding up, where its equity shares are listed on a recognized stock exchange, shareholder rights will adhere to applicable legal proceedings. If the Securities and Exchange Board of India (SEBI) withdraws or refuses to renew recognition of a stock exchange, it may issue orders regarding the status of equity shares of companies listed on that exchange, prioritizing investor interests. These provisions are outlined under the SEBI (Delisting of Equity Shares) Regulations, 2021.