TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI 2021 Regulations: Reverse Book Building Process for Delisting Equity Shares Explained in Detail.</h1> The reverse book building process, as outlined by the Securities and Exchange Board of India (SEBI) under the Delisting of Equity Shares Regulations, 2021, involves an electronically linked transparent facility for delisting equity shares. The acquirer must enter an agreement with a stock exchange and file a public announcement. Bidding centers must be established in major metropolitan areas and relevant regional cities. Shareholders can revise bids upwards, but not downwards, before the bidding period closes. The process includes appointing trading members, verifying physical certificates, and ensuring shares are transferred only upon bid acceptance and payment. The discovered price is determined when the acquirer reaches a 90% shareholding threshold.
TaxTMI 
TaxTMI 
