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Jet-Etihad: Sebi tosses management restructuring at FIPB

CNBC-TV18's Sidharth Zarabi reports that as far as the Sebi is concerned, if Etihad is taken as a person acting in concert with Naresh Goyal, then the deal is not compliant with the provisions of the takeover code and therefore, no preferential allotment will be possible.


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