Delisting

Tata Consumer Products gets nod to delist its global depository receipts

Maker of Tata Tea announces net profit of Rs 352 crore

Tata Motors one of many as India Inc turns averse to ADRs and GDRs

Tata Motors joins growing list of domestic firms to delist ADR programme

Tata Motors confirms delisting from NYSE, termination of ADS programme

Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law, Tata Motors said in a regulatory filing. The ADS holders can surrender their ADSs to the Depositary in exchange for the underlying ordinary shares of the company at any time on or prior to July 24, 2023, it added. Starting on or about July 25, 2023, the Depositary may sell the then remaining ordinary shares held on deposit upon the terms described in the notice of termination of ADS facility as provided for in the deposit agreement, it said. "The above action has no impact on the current listing status or trading of the company's equity shares on the BSE Limited and the National Stock Exchange of India Limited in

BF Investment hits 10% lower circuit as board defers delisting proposal

The stock had hit a multi-year high of Rs 462.10 on Wednesday, ahead of the board meeting, after it surged 58 per cent in four days

Tata Motors plans to delist American Depositary Shares from January

Tata Motors's stock remains listed on the BSE and the National Stock Exchange of India

Alibaba striving to maintain US listing amid SEC's delisting fears

Chinese e-commerce firm Alibaba said on Monday that it wants to keep its shares listed in both New York and Hong Kong, days after US regulators included it in a list of companies that may be delisted

US lists more Chinese firms to delist them from American exchanges

In a fresh crack down on Chinese companies, the US Securities and Exchange Commission (SEC) has added over 80 firms to its list that is likely to delist them from American exchanges, including China's JD.com, China Petroleum & Chemical Corp, JinkoSolar, Pinduoduo, Bilibili, electric maker NIO Inc and NetEase.

Delisting fears: China may let US in on audits of some companies

Companies such as quick service restaurant operator Yum China Holdings could be examples of those that the provision would apply to

Sebi amends delisting rules to make M&A transactions more convenient

Sebi has amended rules pertaining to delisting of equity shares of a company following an open offer as part of efforts to make merger and acquisition transactions for listed companies more convenient

Didi Global shares plunge more than 20% on plan to delist from NYSE

Didi, whose apps, in addition to ride-hailing, offer products such as delivery and financial services, remains under investigation

China regulator seeks to avoid delisting of Chinese firms from US exchanges

U.S. authorities are moving towards kicking foreign companies off American stock exchanges if their audits fail to meet U.S. standards.

Vedanta ADRs to delist from NYSE on thin trading volumes

Vedanta had earlier said the decision to delist American depositary shares from the New York Stock Exchange (NYSE) is aimed at simplification and triggered by the low trading volumes in the security

Improving market efficiency

Sebi's decisions are in the right direction

Sebi board clears frameworks for gold, social stock exchanges

The instruments representing gold will be called Electronic Gold Receipts (EGRs) and will be notified as securities; Sebi board also approves proposal to amend delisting framework after open offer

Sebi defines 'same line of business' under delisting rules: Details here

There are numerous listed companies which have listed subsidiaries engaged in the same line of business, and equity shares of both entities are actively traded on stock exchanges

Sebi tweaks delisting rules to make process transparent, efficient

This comes after the board of Sebi approved several amendments to delisting norms in March to make the process more transparent and efficient

Prabhat Dairy to be delisted from BSE and NSE on April 30

Prabhat Dairy will be delisted from BSE and NSE on April 30, while trading in its equity shares will be discontinued from April 23, the exchanges said

Vedanta open offer subscribed just 58% after failed delisting bid

Following open offer, promoter holding in Vedanta is set to rise by 10%. Currently, promoter group holds 55.1%. Had the maximum 651 mn shares been tendered, promoter stake would have risen to 72.6%

Compulsory delistings outnumber voluntary ones by 50% so far this year

Half a dozen companies have already been delisted compulsorily in 2021

US SEC begins rollout of law aimed at delisting Chinese companies

The top US securities regulator adopted measures that would kick foreign companies off American stock exchanges if they do not comply with auditing standards