Question

treshold Nd condition for making voluntary oppen offer​

Answer 1

Answer:

Explanation:

Eligibility for making Voluntary Open Offer:

Acquirer along with PACs should be holding at least 25% or more shares in the Target Company prior to making Voluntary Open Offer.

The Acquirer or PACs have not acquired any shares of the Target Company in the preceding 52 weeks without attracting the Open Offer obligation.