SEBI Disallows Preferential Issue Discount, Exemption From Open Offer
Securities and Exchange Board of India (SEBI) Chairman, Ajay Tyagi speaks during a press conference in Mumbai on Wednesday (Photographer: Mitesh Bhuvad/PTI)

SEBI Disallows Preferential Issue Discount, Exemption From Open Offer

India’s market regulator disallowed discounts in preferential issues and exemption from open offer in a stake acquisition for all companies except lenders, a move that may make it tough for Etihad ...
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