SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
Bid evaluation: lead institution must assess price, resources and management reputation, rank offers and select one. Regulation 32 mandates that the lead institution evaluate bids on purchase price or share-exchange terms, track record, financial resources and management ... Summary
Bid evaluation: lead institution must assess price, resources and management reputation, rank offers and select one.
Regulation 32 mandates that the lead institution evaluate bids on purchase price or share-exchange terms, track record, financial resources and management reputation, ensuring fairness and transparency, then list offers by preference and, after consulting the financially weak company's management, accept one bid.
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