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>SEBI Regulations Mandate Offer Manager to Verify Acquirer's Compliance and Funds for Delisting Equity Shares</h1> The Securities and Exchange Board of India (SEBI) Regulations on the delisting of equity shares mandate that the Manager to the offer must ensure the acquirer can implement the delisting offer and has secured funds to meet payment obligations. The Manager must verify that all public announcements and documents are accurate, complete, and compliant with regulations. They must ensure market intermediaries are registered with SEBI and exercise due diligence in compliance. The Manager is prohibited from trading in the company's shares during the delisting process and must ensure the acquirer adheres to regulatory provisions.