This may happen successfully. What I am not comfortable with is business. Why BUsiness- Because if delisting fails, prices tend to go far lower for poor businesses- Highly Cyclical and the top of the cycle has happened in the last 6 months. In contrast to that TTK though in a competitive industry has a good business plus the cushion is the Cash & Investments of 800+ lying in the Balance sheet.
Shreyad might go smoothly, it is just comfort that has made me stay away.
The shareholding pattern is only one of the factors, there are other factors which I give importance and the integrity of the promoters (Intentions) and the valuations are paramount even for delisting plays.
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