0172-2010 Alstom Sextant 5 and Others vs Securities and Exchange Board of India
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Full text
acquisition in the instant case happened on June 7, 2010, the public announcement should have been made, as per regulation 14(4), within three months of this date, i.e. between June 7, 2010 and September 7, 2010, and not on May 28, 2010. Therefore, June 7, 2010, being the earliest date on which the public announcement could have been made as per the SAST Regulations, should also be taken as one of the reference dates for computation of offer price. c. In view of the above, you are advised to re-compute the offer
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI Appeal No. 172 of 2010 Date of decision: 29.10.2010 1. 2. 3. 4. 5. 6. 7.
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Source: SecMarx — 0172-2010 Alstom Sextant 5 and Others vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.