Delisting process may see new regulatory twists and turns

Jayant Thakur • August 24, 2023 / 09:54 IST

A SEBI committee report has proposed some crucial changes such as in the bidding process, allowing competitive bids, and bids for illiquid stocks and holding companies

Delisting, like open offers for takeovers, provides an opportunity to public shareholders to surely get a price higher the ruling market price

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