Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / vinotha.v
PUBLIC SHAREHOLDING - PROPOSED AMENDMENTS TO SEBI
(SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS)
REGULATIONS, 1997
It has been decided to harmonise the level of public
shareholding for continuous listing as contained in Clause
40A of the Listing Agreement and vis-à-vis other
regulation / guideline such as the SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 1997 and
SEBI (Delisting of Securities) Guidelines, 2003.
As a step in this direction, a draft amendment to SEBI
(Substantial Acquisition of Shares and Takeovers)
Regulations, 1997 {Regulations} has been prepared. The text
of the same is given in the Annexure.
The proposed amendments have been made to provide for the
following:
Revised definition of public shareholding and promoter.
Minimum size of Open Offer to be made under the Regulations.
Cases where procedure under SEBI (Delisting of Securities)
Guidelines, 2003 needs to be followed.
Reduction in the upper limit of shareholding from 75% to
51% for availing creeping acquisition limit of 5%.
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
Short Answer on ___________Cash Profit
what are Blue-Chip companies?
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
to attend interview for real estate company accounts
What is the Finalization of Accounts?
What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?
Provision of Bad Debts is made in compliance with the convention of -----------
how an accountant can do budgetery controls of expenses?
im preparing for the sbi clerical post please send me the solved questions.
Short Answer on ______Amortization
please provide wct retun guide line how can prepaire that
what are the content of purchase order?
How can i prepare MIS report for Finance?
what is mean by T and E cosept
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
