SEBI Takeover Watchman

Tuesday, April 14, 2020

ACCELYA SOLUTIONS INDIA LIMITED. Open Offer

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SMALL INVESTORS’ WELFARE ASSOCIATION Regn No. F-72744 (M) With a legacy of 25 years of investor protection services ...
Monday, November 18, 2019

Fortis Open Offer; Supreme Court order dated November 15, 2019

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Reg. Fortis Open Offer- SC order analysed  CONTEMPT PETITION (CIVIL) NO. 2120 OF 2018 IN SPECIAL LEAVE PETITION (CIVIL) NO. 20417...
Sunday, November 17, 2019

My key takeaways on Fortis SC order dated November 15, 2019

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CONTEMPT PETITION (CIVIL) NO. 2120 OF 2018 IN SPECIAL LEAVE PETITION (CIVIL) NO. 20417 OF 2017 My key takeaways on Fortis SC or...
Saturday, September 14, 2019

Polo Hotels Takeover

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Re. Polo Hotels Ltd.  Open Offer Your order dated June 3, 2019 and As stated in my letter dated 30th July 2019 the perennial defaulters –...
Saturday, July 20, 2019

MINDTREE TAKEOVER BY L&T

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L & T has been stretching/ bending/ ignoring/ violating the regulations and propriety and getting away with it. All our pleas to SEBI...
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CA. Arun Goenka
The Original CHAUKIDAAR ,“TAKEOVER WATCHMAN” since 2007. CA. Arun Goenka* hands-on experience in the share market* deep knowledge of laws and account*one of the early players, pioneered an investment strategy in TAKEOVERS*The WIRC - of The Institute of Chartered Accountants of India, has honoured him with the ‘Recognition of CAs in Social Service’. * often invited by National business news; electronic and print media, for his views on SEBI related matters. * history of red-flagging 100+ cases to SEBI* contributes by giving inputs in drafting amendments to the regulation* Some of the suggestions reflected in subsequent regulatory changes: (a). In takeover of Cairn 3,750 Crores non-compete fees waived off and ultimately Removal of Non-compete fee in 2011 (b) November 2009 amending Regulation 11 (1). (c)Listing agreement baring promoters from voting on related party. (d) Disclosure of past performance by merchant bankers in case of IPO (e) SAST 2011 regulation 10(1)(h), (f) Counter Offer in case of Delisting (g) Interest payment to all in case of delays in Open Offers(05.06.20).
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