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    <title>Procedure for delisting where no exit opportunity is required</title>
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    <description>Voluntary delisting under Regulation 7 requires board approval by resolution, publication of a public notice in specified national and regional newspapers stating the exchanges affected, reasons for delisting and continuation of nationwide listing, submission of an application to the recognised stock exchange for delisting, and disclosure of the delisting in the first annual report prepared after delisting. The recognised stock exchange must dispose of a complete application within a prescribed period of working days from receipt.</description>
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