Profit

SAT order: Are investors losing out?

PUBLISHED ON: November 20, 2007 | Duration: 2 min, 19 sec

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It may be a small judgement in the larger scheme of things but has implications which could make life easier for companies acquiring and making open offer to get a larger holding from the public.The Securities Appellate Tribunal (SAT) took a decision on striking down SEBI's direction to German company Heidelberg to hike its open offer price.
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