https://www.taxtmi.com/acts?id=40007 The Schedule prescribes a time-bound sequence for counter offer procedures after reverse book building: public announcement and newspaper publication of the counter offer; dispatch of the letter of offer; opening and closing of the counter offer bidding process; an option to withdraw shares tendered during reverse book building; public announcement of success or failure; timing for payment of consideration or secondary market settlement; and release of equity shares on announcement of the counter offer outcome. en-us Tue, 15 Jun 2021 12:21:09 +0530 Tue, 17 Sep 2024 12:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40007 The Schedule prescribes a time-bound sequence for counter offer procedures after reverse book building: public announcement and newspaper publication of the counter offer; dispatch of the letter of offer; opening and closing of the counter offer bidding process; an option to withdraw shares tendered during reverse book building; public announcement of success or failure; timing for payment of consideration or secondary market settlement; and release of equity shares on announcement of the counter offer outcome. Act-Rules SEBI Tue, 15 Jun 2021 12:21:09 +0530 https://www.taxtmi.com/acts?id=40007