SEBI has issued certain clarifications in form of an FAQ in relation to open offer, buyback offer and delisting offers. This has been prepared based on the common queries received by SEBI from investors. It covers topics like the non receipt of the offer document / acceptance/ tender form (in case of takeover offer/ buyback offer/ delisting offer), non receipt of payment after tendering shares etc.
A copy of the FAQ is available here.
Thursday, May 27, 2010
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