Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Delisting Offer Fails if Minimum Shares Not Tendered or Price Rejected: Acquirer Bears Costs, 6-Month Wait Applies.</h1> A delisting offer under the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, fails if the minimum required shares are not tendered or if the acquirer rejects the price discovered through the reverse book building process. In such cases, tendered shares are released, and the acquirer bears the delisting expenses. The acquirer cannot make another delisting offer for six months following the announcement of the offer's failure. However, this restriction does not apply to new promoters or acquirers under specific regulations.