What do you mean by de-listing?

The withdrawal of a listed securities from a stock exchange is known as delisting. A company’s delisting can be voluntary or involuntary, and it generally occurs when it ceases operations, declares bankruptcy, merges, fails to satisfy listing standards, or tries to go private.

Delisting of shares refers to the permanent removal of the shares of a company from being listed on a stock exchange.

Delisting may be compulsory or voluntary. In a compulsory delisting, the shares are delisted on account of non-compliance to regulations and the clauses of the listing agreement by the company.

In a voluntary delisting, the company chooses to get the shares delisted by buying back the shares in a reverse book building process.