TRAC Proposed Changes

Oct 9, 2010, 14:21 IST

C. Achuthan-led Takeover Regulations Advisory Committee (TRAC) appointed by SEBI in the 139-page report submitted on 19 July 2010 proposed changes with regards to

C. Achuthan-led Takeover Regulations Advisory Committee (TRAC) appointed by SEBI in the 139-page report submitted on 19 July 2010 proposed changes with regards to regulatory rules concerning mergers and acquisitions (M&As). The proposals include open offer trigger, offer size, indirect acquisitions, exemptions from open offer obligations, calculating the offer price and competing offers. The Achuthan panel report came in 16 years after the first set of rules relating to takeovers were first framed in India. A major review was undertaken in this field was undertaken in 1997 and since then there have been 23 amendments thereby suggesting the regulator's faith in gradualism.

Jagranjosh
Jagranjosh

Education Desk

Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News