NISM-Series IX: Merchant Banking Certification Exam Notes

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  • Open Offer Timelines: Specified by SEBI for completion.
  • Merchant Banker’s Advisory Role: Guides acquirer on strategy and compliance.
  • Hostile Takeover: Acquisition without target company’s consent.
  • Friendly Takeover: Negotiated with target company’s approval.
  • Share Acquisition Limits: Trigger open offer at specified thresholds.

NISM Merchant Banking

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