NISM-Series IX: Merchant Banking Certification Exam Notes
Page 63 Of 79
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Public Announcement Withdrawal: Published in same newspapers as original.
SEBI Approval for Withdrawal: Requires reasoned order from SEBI.
Merchant Banker Coordination: With acquirer, target company, and SEBI.
Disclosure Requirements: Include shareholding, offer price, and financials.
Escrow Account Types: Cash, bank guarantee, or combination.
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