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Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business, declares bankruptcy, no longer satisfies the listing rules of stock exchange, or has become a private company after a merger or acquisition.
In case of delisting, investors still legally own there shares in the company (should you choose not to sell them). However, delisting is generally regarded as the first step toward potential bankruptcy. Investors Should be prudent to review carefully the reasons for its removal.
If you find that any company is delisted but not covered by us, please email webmaster@stockfry.com and we will start to monitor it.
Guidelines of Delisting of Securities by SEBI-2003
http://www.sebi.gov.in/guide/guide2003.pdf
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