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POSTED BY ON June 28, 2012 10:31 am COMMENTS (4)
What are the implications of delisting a company from exchange? What are the risks associated?
There are few foreign companies that have their clones in India like AstraZeneca, ABB, Honeywell Automation, etc… when these companies delisted (could be of any reason, merging with other, exiting from India, etc… (I don’t mean the situation of bankruptcy)), how can retail traders encash their shares?
Looking for more information on the subject from experts.
P.S.: The company names are for example only. There are about 29 such companies.
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Friends, I am buying equity shares of almost all delisted company’s equity shares, Kindly contact if anyone want to sell it.
They are not clones 🙂
they are subsidiaries.
Thank you.
Dear Matter, before getting delisted, such cos. ‘ll offer exit route for retail investors. It’s advisable to use that opportunity. If your query intends for post delisting status, my dear friend, you can’t do much in this case.
Thanks
Ashal