Delisting of shares

If i hold shares of delisted company for example Essar Oil. Will i still be a Shareholder in company records ? Will company profits be provided as dividend for these shares ? or are these shares obsolete ?

@a13989 : Taking Company Private
What happens to delisted stocks in Demat account

JUST FOR YOUR INFORMATION : shares of Essar oil which was d listed in December 2015 at 262.80 plus 75.48 was paid later means 338,28 per share, nowadays is being dealt around rs 100-150 per share with private dealers.

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