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Economy

Sebi bans fugitive economic offender from making open offer

Updated : September 17, 2018 11:21 PM IST

The move is expected to help in preventing such offender from taking control of a listed company.
In the event of failure of the delisting offer, Sebi has issued a framework for acquirers to fulfil the open offer obligations.
Sebi bans fugitive economic offender from making open offer
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