Scooter india ltd a PSU , fixed price exit offer at 31.78 per share end on 08 april 2024. after delisting 2 year EXIT PERIOD through off market for shareholders to offer. WHY THE SHARE TRADING MUCH HIGHER ? dangerous very dangerous for investors !
It is not traded even in hundreds and it makes sense. Why would anyone trade in it when the future price is predetermined?
It is still traded around 55 wherein exit price is 31.78 . assumed reason can be , shareholders have option to retain delisted share and these people are expecting high offer in future (ultra rare chances) after 2 year of exit offer period from delisting date . not sure but read that co is having good land bank . however VERY DANGEROUS to hold/buy from this view.
Last trading day 11 June 2024 that is today and market price is 78.80 UC with close to 40k share traded and over a lakh share buyer !1
sir
main share nahi sell kar paya on 11th. now what o do?
you will get physical offer by post from co to buy your shares in an OFF MARKET deal at 31.78 per share . EXIT OFFER valid for 2 years from 20 June 2024. aap chahe to sell mat karo keep delisted share with you .
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20240605-51
sir delisted share apne paas rakh kar koi faida hai kya. ab to exit offer main hi nikalna chaiye,
pls suggest
YE bahot hi mushkeel sawal hai . 
Currently I am holding scooter stock in Zerodha holding. It got delisted. How to apply for delisting??
Hi @Ansu
You can still sell the stocks back to the promoters of the company, who are obligated to purchase the stock even if a client misses to tender their shares. This facility is usually available for a period of 1 year from the date of closing of the tender offer.
For more info, Please create a ticket , our team will guide you with further details.