SEBI has hiked acquisition limit to 75% from 55%

The Securities and Exchange Board of India, or Sebi, has hiked the creeping acquisition limit to 75% from 55% shareholding.Promoters could earlier not do creeping acquisition beyond 55%. Now, they can buy up to 5% every year till the 75% limit is hit. The market regulator said creeping acquisition beyond 55% will only be through open market normal segment and not bulk deals. There will be an automatic exemption up to 5% increase in shareholding of promoters after the company buy back.


KnowYourProfit said...

This blog is novice and informative,visitors will surely be benefitted,Its our pleasure to post
Informative content on this useful blog created by webmaster.

Now as such we have seen in past few trading sessions that Market has become volatile and also there were also most of the stocks are available in discounts which means that the right time has come whne one can invest in this Indian Stock Market with handsome gain in over a period of time along with that one can also opt for doing Intrading Trading now days as stock specific movement is there.

Quieries are welcomed at:

Happy Deepwali and Happy Trading as well