https://www.taxtmi.com/acts?id=35947 These Guidelines regulate delisting of securities, prescribing procedures for voluntary delisting-shareholder special resolution, public announcement, appointment of a merchant banker, and an exit opportunity determined by a book building process with a floor price based on prior trading; special rules apply for infrequently traded securities. Promoters may reject the discovered price but must restore public shareholding if delisting does not proceed. Stock exchanges may compulsorily delist for prolonged non compliance, must give notice and opportunity to be heard, and ensure determination of fair value and compensation to security holders when delisting occurs. en-us Fri, 01 Feb 2019 18:37:29 +0530 Sat, 02 Feb 2019 10:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35947 These Guidelines regulate delisting of securities, prescribing procedures for voluntary delisting-shareholder special resolution, public announcement, appointment of a merchant banker, and an exit opportunity determined by a book building process with a floor price based on prior trading; special rules apply for infrequently traded securities. Promoters may reject the discovered price but must restore public shareholding if delisting does not proceed. Stock exchanges may compulsorily delist for prolonged non compliance, must give notice and opportunity to be heard, and ensure determination of fair value and compensation to security holders when delisting occurs. Act-Rules SEBI Fri, 01 Feb 2019 18:37:29 +0530 https://www.taxtmi.com/acts?id=35947