The consultation paper has been released after the sub-group of the primary markets committee, constituted on December 18, 2022, and chaired by Keki Mistry, gave its recommendations.
Kar headed the committee that drafted the Delisting Guidelines in 2003, which introduced the reverse book-building process
According to the regulator, there are operators who may be abusing the process
There are two options for retail shareholders: submit the shares for de-listing or sell in the open market
The book value per share of the company shall be disclosed in the public announcement for counter offer, the regulator said in a circular.
SP Tulsian of sptulsian.com picked out his favorite stocks for today on CNBC-TV18. He chose Ramky Infra and Alfa Laval as multibagger ideas. Here’s why:
SMC Global has come out with its report on iGATE majority stake in Patni computers.