DELISTING

We advise promoters and listed companies on voluntary and compulsory delisting of equity shares from the stock exchanges under the SEBI (Delisting of Equity Shares) Regulations, 2021. Delisting is the process by which a company’s shares are permanently removed from trading on a stock exchange, usually after the promoter acquires the shares held by public shareholders through an exit offer at a fair price. Our team supports the entire process, including eligibility assessment, due diligence, determination of the floor price and exit price, structuring of the delisting offer, verification of promoter shareholding, preparation of the initial and final public announcements and letter of offer, filings and approvals from the stock exchanges, management of the book building process and payment to tendering shareholders, and all post offer compliances until the delisting is completed. With a compliance first approach, we aim to ensure a transparent, fairly priced and timely exit for both promoters and public shareholders.