Monday March 30 2015
News Source: Global Disclosures
Focus: Takeover and Acquisition
Type: General
Country: India
The Securities and Exchange Board of India has published revisions to the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations.
The changes concern delisting tender offers. A new Regulation 5A has been inserted, which details the process to be followed in the event the offeror intends to take the company private.
Click on the above link for details.