AMENDMENT TO THE SEBI (DELISTING OF SECURITIES) GUIDELINES, 2003

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.... AMENDMENT TO THE SEBI (DELISTING OF SECURITIES) GUIDELINES, 2003 1) In order to simplify the existing framework w.r.t. Compulsory Delisting and make it possible for stock exchanges to delist the Companies which are noncompliant with the provisions of Listing Agreement, it has been decided to amend the SEBI (Delisting Of Securities) Guidelines, 2003. 2) The amendment seeks to ensure adequate....

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....exure A 1) For sub-clause 15.6, the following sub-clauses shall be substituted, namely; "15.6 The stock exchange may, after consideration of the representations received from aggrieved persons, delist the securities of such companies. 15.6A Where the stock exchange delists the securities of a company, it shall ensure that adequate and wide public notice of the fact of delistin....