https://www.taxtmi.com/acts?id=34495 The amendment provides that, after deduction of merchant banker and registrar expenses, any forfeited amount is to be distributed equally among the target company, the Investor Protection and Education Fund established by the Board, and pro rata among shareholders who accepted the offer; it also replaces prior directions to remit proceeds to a regional stock exchange with remittance to the Investor Protection and Education Fund established by the Board. en-us Sat, 05 Jan 2019 15:39:37 +0530 Tue, 17 Sep 2024 14:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34495 The amendment provides that, after deduction of merchant banker and registrar expenses, any forfeited amount is to be distributed equally among the target company, the Investor Protection and Education Fund established by the Board, and pro rata among shareholders who accepted the offer; it also replaces prior directions to remit proceeds to a regional stock exchange with remittance to the Investor Protection and Education Fund established by the Board. Act-Rules SEBI Sat, 05 Jan 2019 15:39:37 +0530 https://www.taxtmi.com/acts?id=34495