Determination of price for purchase of minority shareholding

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Full Text of the Document

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.... the price (hereinafter called as offer price) to be paid by the acquirer, person or group of persons referred to in sub-section (1) Of section 236 of the Act for purchase of equity shares of the minority shareholders of the company, in accordance With the following rules: (1) In the case of a listed company,- (i) the Offer price shall be determined in the manner as may be specified by the Secu....