In order to weed out a large number of illiquid stocks, capital market regulator, SEBI has relaxed the de-listing norms for small companies with thinly traded shares. Under the revised norms, small listed firms in which trading has been less than 10 per cent of the total shares in the last 12 months can delist from stock exchanges.Till now, only those companies whose shares had not been traded for the preceding one year were allowed to de-list. There are more than 1,000 small companies where trading has been negligible for several years. However, the exit price for such delisting should not be lower than the floor price determined through the reverse book building process.