SEBI Takeover Watchman

Sunday, June 28, 2020

VEDANTA DELISTING AN OPEN LETTER TO SHRI ANIL AGARWAL

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28 th June 2020 OPEN LETTER TO SHRI ANIL AGARWAL CHAIRMAN VEDANTA GROUP Shri Anil Agarwal ji, I write this Open Letter to you...
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Friday, June 26, 2020

Changes in Takeover code, interest to all, a victory for small shareholders

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Today(25 th June 2020) is a big day for Small shareholders. Interest to all the shareholders is about a 2 decades old fight which I fou...

SEBI Takeover Watchman: SEBI Delisting Regulation- genesis of Counter Offe...

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SEBI Delisting Regulation- genesis of Counter Offe... : Persons attached to the SHARE BAZAR and taking special interest in special situation...

INDICATIVE TIMELINE FOR VEDANTA DELISTING

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UP-DATE July 16, 2020  AA had displayed a remarkable speed and things seemed to be on fast track. He even brushed aside legal nuances like ...
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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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