https://www.taxtmi.com/notifications?id=131717 The amendments add fugitive economic offender as a disqualifying category and bar such persons from announcing or participating in open or competing offers or acquiring shares, voting rights or control. They tighten delisting-related open offer procedure by requiring an acquirer, on delisting offer failure, to file a draft letter of offer within five working days and comply with open offer provisions, with the offer price enhanced by a prescribed annual rate between scheduled and actual payment dates. Timelines and terminology are updated and electronic dispatch of letters of offer is permitted. en-us Tue, 11 Sep 2018 00:00:00 +0530 Sat, 21 Dec 2019 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=131717 The amendments add fugitive economic offender as a disqualifying category and bar such persons from announcing or participating in open or competing offers or acquiring shares, voting rights or control. They tighten delisting-related open offer procedure by requiring an acquirer, on delisting offer failure, to file a draft letter of offer within five working days and comply with open offer provisions, with the offer price enhanced by a prescribed annual rate between scheduled and actual payment dates. Timelines and terminology are updated and electronic dispatch of letters of offer is permitted. Notifications SEBI Tue, 11 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=131717