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⍰ ASK What is the process of delisting for a Public Limited Company?

Delisting a company involves board approval due to factors like low trading and costs. After board approval, shareholders must agree via a special resolution. Transparent communication is important.

Regulatory compliance includes submitting a delisting application with documentation to the relevant authority. The company notifies stock exchanges, starting the delisting process.

An exit offer to repurchase shares at a fair price follows. Adherence to regulatory guidelines is important throughout.
 

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