NISM-Series IX: Merchant Banking Certification Exam Notes
Page 75 Of 79
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Merchant Banker in Delisting: Appointed before public announcement.
Escrow for Delisting: Cash or bank guarantee for offer consideration.
Letter of Offer for Delisting: Dispatched within 2 days of public announcement.
Offer Price Determination: Based on SEBI-specified factors.
Public Announcement for Delisting: Details success/failure of offer.
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