The herd is thinning at the last place you could buy and sell shares of companies that were previously listed only on regional stock exchanges (RSEs).
The latter began to shut down over the past few years. By now, firms transferred from there to the dissemination board of established exchanges have seen a number of exits. This board is a platform where one could buy or sell shares of companies, with less oversight than the main exchange trading platform.
Both NSE and BSE have announced removal of several companies from this platform. Some are Nine Media & Information Services and