The past experience has been that shareholders can always get a better price if they wait longer and institutional investors apply more pressure on the company to hike the price. The price was set at Rs.87.50 and there has been a call for a significantly higher price considering that the company is sitting on cash stash of nearly Rs.35,000 crore and the market cap is just Rs.33,000 crore. When a similar delisting exercise was done for Vedanta Resources PLC on the London Stock Exchange, the price was set at 27% premium to the closing price. There is no reason why the Indian shareholders off Vedanta Ltd should settle for such a low price especially when the company is sitting on a cash pile.