SEBI Board Approves Amendments To Facilitate Post-Takeover Delisting

The SEBI board has decided to rationalise existing regulations to allow acquirers to delist the target company.

The SEBI building. (Photo: Sajeet Manghat/BloombergQuint) 

In an effort to facilitate the delisting of a company after an acquisition, the Securities and Exchange Board of India approved key regulatory changes in its board meeting on Sept. 28. These are among a slew of other important amendments the regulator approved.

Also Read: SEBI Tightens Screws On Related-Party Transactions

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