Delisting of company's equity shares is actually stopping the stocks from further trading on the bourses.
BIL had in January launched an open offer to acquire 30.1% stake in Binani Cement. At present, BIL has 95.01% stake in Binani Cement.
BIL has also tendered an exit opportunity to Binani Cement's residual shareholders.
"Residual shareholders will be able to tender their shares in favour of the promoter [BIL] at the exit price of Rs 90 per equity share, at any time from May 30, 2011 till May 29, 2012," it said.