NISM-Series IX: Merchant Banking Certification Exam Notes

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  • Takeover Compliance: Adhere to SEBI, Companies Act, and SCRA.
  • Open Offer Process: Managed by merchant banker, includes bidding.
  • Shareholder Voting: Required for certain takeover approvals.
  • Escrow Release: Balance released after offer obligations met.
  • Merchant Banker Liability: Accountable for SAST compliance.

NISM Merchant Banking

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