Discover and read the best of Twitter Threads about #takeovercode
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This is BIG-#Promoters having 25% or more shares in a company can raise shareholding now,by 10% in a year,Vs earlier 5% limit
Increase in limit,permitted only via #preferential issue of equity shares
Will enable Cos greater access to #capital&very pro #markets
#TakeoverCode💪
Increase in limit,permitted only via #preferential issue of equity shares
Will enable Cos greater access to #capital&very pro #markets
#TakeoverCode💪
Any rise in voting right beyond permitted threshold will result in mandatory open offer,vide 3(2) of takeover code
Threshold raised from 5 to 10%,via preferential issue,only for FY21
Change in #TakeoverCode,to help capital raising,by corporates,big step by @narendramodi govt💪
Threshold raised from 5 to 10%,via preferential issue,only for FY21
Change in #TakeoverCode,to help capital raising,by corporates,big step by @narendramodi govt💪
Increase in shareholding or voting rights,permitted only till 75% of non public shareholding limit
Gap between two #QIPs by listed entity,reduced from 6 months to just 2 weeks..this is HUGE& reflects @narendramodi govt's commitment to help corporates,to access capital
#Takeover
Gap between two #QIPs by listed entity,reduced from 6 months to just 2 weeks..this is HUGE& reflects @narendramodi govt's commitment to help corporates,to access capital
#Takeover
