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If promoters increase their stake in a listed company through rights renunciation beyond 5% of the total issued capital, it amount to: (a) Good strategic planning (b) Substantial acquisition under the takeover code (c) Substantial acquisition that will not trigger off takeover code (d) Invalid acquisition (e) Hostile takeover (f) Shall be valid only if pricing guideline is followed
If promoters increase their stake in a listed company through rights renunciation beyond 5% of the total issued capital, it amount to:
(a) Good strategic planning
(b) Substantial acquisition under the takeover code
(c) Substantial acquisition that will not trigger off takeover code
(d) Invalid acquisition
(e) Hostile takeover
(f) Shall be valid only if pricing guideline is followed.
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