Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997 Chapter III SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY
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Appointment of merchant banker required before public takeover announcement; banker must be Category I and independent. Prior to a public announcement of an offer, the acquirer must appoint a Category I merchant banker holding a Board registration certificate who is not an ... Summary
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Appointment of merchant banker required before public takeover announcement; banker must be Category I and independent.
Prior to a public announcement of an offer, the acquirer must appoint a Category I merchant banker holding a Board registration certificate who is not an associate of, or part of the group of, the acquirer or the target company.
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