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Activity:
Question posted: 07 11 2008 02:11:14 +0000,
1 answers, 139 views, last activity
12 23 2010 12:08:39 +0000
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Dear all,
What if the post merger promoter holding increases to 75% in a listed company?
Chetan
1 Answers for "merger"
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Answered by
Punit Lath, Company Secretary & Compliance Officer, Palco Recycle Indutries Limited
| 12 23 2010 12:08:39 +0000
Not Rated
One has to get the company delisted from the stock exchange as the minimum public share holding requirements is 25 % & Public sahare holding falls below the 25%. Due to this he has to made the offer to purchase the shares to public
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