<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Exercise of rights in case of open offer and acquisitions on stock exchanges</title>
    <link>https://www.taxtmi.com/acts?id=44085</link>
    <description>Regulates exercise of rights by an acquirer where notice under clause (a) of section 6A is required for open offer or stock exchange acquisitions: the acquirer may avail economic benefits such as dividends, distributions, rights issue subscriptions, bonus shares, stock-splits and buy-backs; voting rights are limited to liquidation and insolvency matters; and the acquirer, its group entities and related affiliates must not directly or indirectly influence the target enterprise or its affiliates.</description>
    <language>en-us</language>
    <pubDate>Wed, 18 Sep 2024 14:23:42 +0530</pubDate>
    <lastBuildDate>Tue, 15 Oct 2024 17:41:42 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=768890" rel="self" type="application/rss+xml"/>
    <item>
      <title>Exercise of rights in case of open offer and acquisitions on stock exchanges</title>
      <link>https://www.taxtmi.com/acts?id=44085</link>
      <description>Regulates exercise of rights by an acquirer where notice under clause (a) of section 6A is required for open offer or stock exchange acquisitions: the acquirer may avail economic benefits such as dividends, distributions, rights issue subscriptions, bonus shares, stock-splits and buy-backs; voting rights are limited to liquidation and insolvency matters; and the acquirer, its group entities and related affiliates must not directly or indirectly influence the target enterprise or its affiliates.</description>
      <category>Act-Rules</category>
      <law>Law of Competition</law>
      <pubDate>Wed, 18 Sep 2024 14:23:42 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=44085</guid>
    </item>
  </channel>
</rss>