Regulation 25 - Final application to the stock exchange after successful delisting - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.

Final application to the stock exchange after successful delisting 25 . (1) Within five working days from the date of making the payment to the public shareholders in terms of regulation 24 of these regulations, the acquirer shall make the final application for delisting to the relevant recognized stock exchange(s) in the Form specified by such stock exchange(s) from time to time. (2) The final application for delisting shall be accompanied with necessary details / information, as the recognised stock exchange(s) may require, of having provided the exit opportunity in accordance with the provisions of this Chapter. (3) The final application for delisting shall be disposed of by the recognised stock exchange(s) within fifteen working days from the date of receipt of such application that is complete in all respects. (4) Upon disposal of the final application for delisting by the stock exchange(s) in terms of sub-regulation (3), the equity shares of the company shall be permanently delisted from the stock exchange(s).