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Nov 21, 2014
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Sebi’s new delisting norms ‘win-win’ for all
The amendments to delisting regulations by the Sebi board on Wednesday remove tax hurdles for sellers of shares as well as marginally reduce the cost for acquirers, in addition to saving time, resulting in a ‘win-win’ situation for stakeholders, say investment bankers and legal experts.
Experts said the biggest change in the delisting rules allows the use of stock exchange platform for tending shares in delisting, buyback, and takeover.
Source -
http://www.financialexpress.com
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