alleryStart learning →A cash option must be given if cash buys in 52 weeks exceeded what voting share?
A5 per cent
B10 per cent
C15 per cent
D25 per cent
Answer & Solution
Correct answer: B. 10 per cent
The first proviso to Regulation 9(1) requires a cash option where cash-paid acquisitions in fifty-two weeks exceed ten per cent of voting rights.
Keep practising SEBI Takeover and Insider Trading Regulations
Browse all SEBI Takeover and Insider Trading Regulations questions for CA Final, or explore more Law topics.
Related questions
Contravention of the Insider Trading Regulations is dealt with by whom?A pre-cleared trade must be executed within how many trading days at most?The fair disclosure principles call for designating which senior officer?Which Schedule sets out the principles of fair disclosure for the code of practices?The audit committee reviews insider trading compliance at least how often?Designated persons include the CEO and employees up to how many levels below?The company must maintain trading disclosures for a minimum of how long?A listed company may seek disclosures from other connected persons at whose option?