Delisting Striking off a company’s name from the OFFICIAL LIST of a stock exchange so that the company’s shares are not traded. It charges the status of the company; from a widely held and traded company it becomes an unlisted company with higher tax rates and higher borrowing costs. The listing agreement between a stock exchange and a company requires regular publication of the company’s financial results and meeting such obligations as timely issue of allotment letters, share certificates, payment of dividend and interest and timely redemption of debentures. These are the company’s post – issue responsibilities; the pre – issue conditions have been met before the listing.

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