https://www.taxtmi.com/notifications?id=135859 The Regulations prescribe procedures for voluntary and compulsory delisting, requiring board and shareholder approvals, appointment of a registered merchant banker as Manager to the offer, detailed public announcements and a letter of offer. Delisting from all exchanges mandates an exit opportunity via a reverse book building process to discover price, escrow funding by the acquirer, specified bidding and settlement timelines, options for indicative and counter offers, protections for remaining public shareholders including a one year tender window, and defined consequences and obligations for compulsory delisting and special categories of companies. en-us Thu, 10 Jun 2021 00:00:00 +0530 Sat, 12 Jun 2021 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135859 The Regulations prescribe procedures for voluntary and compulsory delisting, requiring board and shareholder approvals, appointment of a registered merchant banker as Manager to the offer, detailed public announcements and a letter of offer. Delisting from all exchanges mandates an exit opportunity via a reverse book building process to discover price, escrow funding by the acquirer, specified bidding and settlement timelines, options for indicative and counter offers, protections for remaining public shareholders including a one year tender window, and defined consequences and obligations for compulsory delisting and special categories of companies. Notifications SEBI Thu, 10 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135859