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Commerce · Q672

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 672

Q672

As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made.

A.
2%
B.
15%
C.
10%
D.
5%
Answer

Answer: Option D

Solution

Answer: Option D
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