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Clause 40B of the Listing Agreement for Equity Shares

Clause 40B of the Listing Agreement for Equity Shares is as under:

Take over offer - A company agrees that it is a condition for continued listing that whenever the take-over offer is made or there is any change in the control of the management of the company, the person who secures the control of the management of the company and the company whose shares have been acquired shall comply with the relevant provisions of the SEBI (Substantial Acquisition of Shares and Take-over) Regulations, 2011.


Post Last Updated On: 28th August 2015
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