Regulatory procedure for exclusion from trading on the regional stock exchange

Withdrawal may also be mandatory in case the company does not comply with the stock market listing obligations. It could be, in many ways, such as non-payment of the fee for posting an advertisement, investor complaints, or unfair business practices.
The services of a commercial bank are very useful when a company voluntarily decides to suppress its values. The deletion will be made in accordance with the guidelines issued by the SEBI according to which it would be the first step to obtain the approval of the board and then the shareholders in the form of a special resolution. A general meeting is transmitted in which the proposed exclusion is submitted to obtain the consent of the shareholders. A certified copy of this resolution and the details of the shareholders is presented to the stock exchange from where the company is foreclosure.
The company must file required forms with the interested registrar within a period of thirty days from the date the resolution was approved. To provide an opportunity for investors to exit the region offer the price of the securities is calculated the minimum price is the average commercial price of 26 previous weeks. The sponsor designates Merchant Bank to decide the offer price based on reversing the book building process. The developer has to make a public announcement of the exclusion, among other things, providing information, including minimum prices, the methodology followed for the calculation of the offer price, the date of opening and closing of the offer, and stock market data Is involved in the appointment of commercial members, The determination of the offer price, and the settlement process. To protect the interests of investors SEBI has approved the exclusion of guidelines that make it necessary to send letter of offer to each shareholder. There is no need to provide an outbound route and offer letter, in case the company is listed on the national stock market as investors can leave, selling their shares as and when they want to give away their property.

Corporate Capital Ventures is SEBI registered Merchant Bank working closely with the national and regional stock exchanges. Provides consultation services for the inclusion and exclusion of actions. The CCV has emerged as a leading brand with the most professional services provided by a team of market experts.
Conclusion: Banks offer many financial services to companies and their assistance is very valuable in case of voluntary exclusion.

With the emergence of marketing terminals across the country, regional exchanges have lost their relevance also SEBI has recognized most of them. Most listed companies request the exclusion to avoid regulatory obligations and end the publication fee. The deletion may also be mandatory in case the company does not comply with the stock market listing obligations. It could be, in many ways, such as non-payment of the fee for posting an advertisement, investor complaints, or unfair business practices.

The services of a commercial bank are very useful when a company decides to stop voluntarily listing its securities under the guidelines issued by the SEBI according to which would be the first step to obtain the approval of the board of directors and then shareholders in the Form of a special resolution. A general meeting is transmitted in which the proposed exclusion is submitted to obtain the consent of the shareholders. A certified copy of this resolution and the details of the shareholders is presented to the stock exchange from where the company is foreclosure.

La empresa tiene que presentar formularios requeridos con el registrador interesado dentro de un plazo de treinta días a partir de la fecha en que la resolución fue aprobada. Para proporcionar una oportunidad de salida a los inversionistas de la región ofrecen el precio de los valores se calcula el precio mínimo es el precio de cotización de la media anterior a veintiséis semanas. El patrocinador designa Merchant Bank para decidir el precio de oferta basada en revertir el proceso de book building. El promotor tiene que hacer un anuncio público de la exclusión, entre otras cosas, proporcionando información, incluyendo precios mínimos, la metodología seguida para el cálculo del precio de oferta, la fecha de apertura y cierre de la oferta, y el mercado de valores de datos. El banco mercantil está implicado en el nombramiento de miembros comerciales, la determinación del precio de oferta, y el proceso de liquidación. Para proteger los intereses de los inversores SEBI ha aprobado directrices de exclusión que hacen necesario para enviar una carta de oferta a cada accionista. No hay necesidad de proporcionar una ruta de salida y la carta de oferta, en caso de que la empresa se cotiza en la bolsa nacional como los inversores pueden salir vendiendo