Subhash Chander Khaneja along with other Promoters and Promoter Group persons expressed their intent to acquire remaining 25.4% stake in Integrated Financial Services Limited (BSE : 500212) from the other shareholders on September 16, 2020. Under the terms of transactions, Subhash Chander Khaneja along with other Promoters and Promoter Group persons already owns 74.6% stake and they are acquiring the remaining 1.5 million shares and voluntarily delist the equity shares of the Company from BSE Limited. The transaction is subject to approval from board of Integrated Financial Services, shareholder approval of Integrated Financial Services and delisting of the stock from the stock exchange. As of November 13, 2020, Board of Directors of the Company approved the delisting proposal. Capital Advisors Private Limited appointed as banker for carrying out due diligence for delisting of shares. Sundae Capital Advisors Private Limited acted as financial advisor in the deal.