Briefly explain the provisions relating to delisting of equity shares under SEBI Regulations. 2009.

SEBI (Delisting of Equity Shares) Regulations, 2009 prescribe the provisions relating to Voluntary Delisting and Compulsory Delisting. Regulation 6 provides that a company may delist its equity shares from one or more recognised stock exchanges where they are listed and continue their listing on one or more other recognised stock exchanges, if after the proposed delisting the equity shares would - remain listed on any recognised stock exchange which has nationwide trading terminals, no exit opportunity needs to be given to the public shareholders; and not remain listed on any recognised stock exchange having nationwide trading terminals, exit opportunity shall be given to all the public shareholders holding the equity shares sought to be delisted. Further Regulation 27 of the SEBI (Delisting of Equity Shares) Regulations, 2009 provides Special Provisions for Small Companies to be delisted from all the recognised stock exchanges where they are listed.