Can some good soul throw some light on above ....

• The reason for de-listing apart (like regulations of %holdings etc), it often implies that the management is very bullish on business & doesn't want anymore sharing of profits with shareholders.
• If you continue to hold the shares, you are eligible to receive dividends. But since the shares are not traded the upside in market price is not available.
• The company at a later date may decide to directly contact you with an offer to re-purchase. But that price would be determined by management not market.

Thanks Kulmanji and SmartCatji for your responses ....

Buy-back if done through reverse book building is a wonderful thing. Buying from open markets is discouraging. The delisting offer price should be arrived at by reverse book building mechanism. Prosperity, buying back and getting it delisted is fine so long as they dont force me to close out. I am holding shares of cadbury's and the company is also increasing its offer price and I am enjoying my ride. Also, it makes a lazy but quite a decent stock for me in the sense that other FMCG stocks are underperforming....its all garaz ki raz-niti.......one who is more eager has to pay and one who is not so willing will get more.....let the promoters show the intent, I will take a call how much they will jack up their offer. I for one enjoy these special event games. See, most of these MNCs will delist its only a matter of time....when a company like HUL has jumped in the fray, its only a matter of time, so play your game without bothering so much.....at least these stocks wont give you wild swings...treat them as high yielding bonds and trust you me at times bonds do better than stock.......