https://www.taxtmi.com/acts?id=34403 An open offer may be withdrawn only in narrowly defined situations: final refusal of disclosed statutory approvals; death of a natural person acquirer; failure of a disclosed agreed condition for reasons beyond the acquirer's control leading to rescission; or other circumstances the Board deems to merit withdrawal, subject to a reasoned Board order. On withdrawal, the acquirer must, via the manager, within two working days publish reasons in the same newspapers and simultaneously notify the Board, all listing stock exchanges, and the target company. en-us Fri, 04 Jan 2019 18:09:58 +0530 Thu, 29 Aug 2024 17:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34403 An open offer may be withdrawn only in narrowly defined situations: final refusal of disclosed statutory approvals; death of a natural person acquirer; failure of a disclosed agreed condition for reasons beyond the acquirer's control leading to rescission; or other circumstances the Board deems to merit withdrawal, subject to a reasoned Board order. On withdrawal, the acquirer must, via the manager, within two working days publish reasons in the same newspapers and simultaneously notify the Board, all listing stock exchanges, and the target company. Act-Rules SEBI Fri, 04 Jan 2019 18:09:58 +0530 https://www.taxtmi.com/acts?id=34403