NISM-Series IX: Merchant Banking Certification Exam Notes
Page 67 Of 79
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Target Company: Listed company subject to takeover.
Offer Document Filing: Within 2 days of public announcement.
Disclosure of Shareholding: Includes promoter and acquirer holdings.
Takeover Financing: Arranged through escrow or other means.
SEBI Oversight: Ensures fair treatment of public shareholders.
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