19 Jun, 2013
The Leela Palace, Bengaluru
Saturday, February 14, 2009 - 05:30 IST
SEBI Announces Special Takeover Norms For Distressed Companies
BY TEAM VCC
This comes after the scandal hit company has asked for exemption of certain norms to SEBI.
In wake of the Satyam saga, the market regulator has amended takeover regulations to provide an incentive for several players to buy the company at a fair value and also provide for such extraordinary cases in the future.
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