DE-LIST · Stocks · Wealth creation · Wealth destruction

De-listing Season

There are few companies who have announced plan to delist from Indian bourses. Most of these companies are either planning to sell their holding to global players or promoters want to take private control citing the markets not giving right valuations to their company stock prices.

Prominent names inlcude

Vedanta

Adani Power

Hexaware

and latest in the list is

All cargo logistics

Business line

This is different from delisting due to other reasons like Sancia Global Infraprojects Limited and Delma Infrastructure Limited where no trading happened for six months and these companies were planned to be removed from BSE exchange some time back