Share swap
Arpita
(Querist) 20 April 2012
This query is : Resolved
There are three companies( A,B and C) incorporated under the Companies Act. Company A is holding 99% shares of Company B. Company C wants to swap the shares of Company A. Company C, a listed company wants to swap shares with Company A in the ratio 4:1
What are the compliances that need to be followed?
M V Gupta
(Expert) 21 April 2012
Check SEBI take over norms.
C. P. CHUGH
(Expert) 22 April 2012
Refer merger and acquisition rules as laid down by SEBI and act accordingly.