New Takeover Norms

  • SEBI notifies new takeover norms September 23, 2011

    Mumbai: SEBI on Friday notified new takeover rule under which an entity buying 25 per cent stake in a listed firm will have to mandatorily make an open offer to buy an additional 26 per cent shares from public. The new norms will be applicable 30 days from notification. The new norms...