https://www.taxtmi.com/acts?id=34473 Regulation 27 permits delisting of equity shares of small companies without Chapter IV procedures if size, trading activity and suspension criteria are met; requires the promoter to appoint a merchant banker, determine an exit price not below a specified floor, individually notify public shareholders with justification, obtain written consent from a supermajority of public shareholding to sell or remain post-delist, complete solicitation within the prescribed period, make cash payment within the stipulated timeframe, and obtain stock exchange satisfaction of compliance before delisting. en-us Sat, 05 Jan 2019 14:55:15 +0530 Sat, 05 Jan 2019 15:51:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34473 Regulation 27 permits delisting of equity shares of small companies without Chapter IV procedures if size, trading activity and suspension criteria are met; requires the promoter to appoint a merchant banker, determine an exit price not below a specified floor, individually notify public shareholders with justification, obtain written consent from a supermajority of public shareholding to sell or remain post-delist, complete solicitation within the prescribed period, make cash payment within the stipulated timeframe, and obtain stock exchange satisfaction of compliance before delisting. Act-Rules SEBI Sat, 05 Jan 2019 14:55:15 +0530 https://www.taxtmi.com/acts?id=34473