Determination of price for purchase of minority shareholding

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..... e the price (hereinafter called as offer price) to be paid by the acquirer, person or group of persons referred to in sub-section (1) Of section 236 of the Act for purchase of equity shares of the minority shareholders of the company, in accordance With the following rules: (1) In the case of a listed company,- (i) the Offer price shall be determined in the manner as may be specified by the Sec .....

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..... ing;-vis the industry average, and such other parameters as are customary for valuation of shares of such companies; and (ii) the registered valuer shall also provide a valuation report on the basis of valuation addressed to the board Of directors of the company giving justification for such valuation. -
Statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Ta .....

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