Buy-back intimation rules require notice to stock exchanges before commencement and shareholder email/SMS notification beforehand. The Schedule requires a notice to stock exchanges before 5 pm on the business day immediately preceding buy-back commencement and an intimation to shareholders two working days before the Notice (the identified date) via email and SMS using depository records as prerequisites to opening the offer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Buy-back intimation rules require notice to stock exchanges before commencement and shareholder email/SMS notification beforehand.
The Schedule requires a notice to stock exchanges before 5 pm on the business day immediately preceding buy-back commencement and an intimation to shareholders two working days before the Notice (the identified date) via email and SMS using depository records as prerequisites to opening the offer.
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