Page 2 - Open Offers
BNK Capital hits 20% upper circuit as open offer priced at Rs 200 per share
In the past two trading days, the stock has rallied 33 per cent from the level of Rs 125.05 hit on Friday
 "BNK Capital hits 20% upper circuit as open offer priced at Rs 200 per share")
Vedanta raises open offer price for Indian unit to Rs 235 per share
Anil Agarwal-led Vedanta Resources Plc on Tuesday raised the open offer price for buying shares in its flagship Indian firm to Rs 235 per share, nearly 4 per cent higher
 "Vedanta raises open offer price for Indian unit to Rs 235 per share")
Vedanta Resources promoters launch open offer for 10% of India unit
If Vedanta Ltd. holders were to accept share tenders for the entire 10%, the consideration for the deal would be Rs 5,948 crore
 "Vedanta Resources promoters launch open offer for 10% of India unit")
Open offers by listed companies decline 39% to Rs 9,000 cr in Apr-Oct
According to Sebi's latest monthly report, a total of 30 open offers for shares worth Rs 8,973 crore were made by the companies during the April-October this financial year (2020-21)
 "Open offers by listed companies decline 39% to Rs 9,000 cr in Apr-Oct")
ABB Power open offer: What sparked it and why small shareholders are sore
ABB Power Products and Systems India is in the news due to a controversy over its open offer price. Here is an explainer on this issue:
 "ABB Power open offer: What sparked it and why small shareholders are sore")
Investors with physical securities can tender shares in buybacks: Sebi
The clarification came after Sebi received representations from investors, expressing concerns that they have not been able to participate in open offers, buybacks
 "Investors with physical securities can tender shares in buybacks: Sebi")
Sebi extends relaxation in procedural norms for open, buyback offers
The regulator, in May, had granted one-time relaxations from strict enforcement of SAST Regulations and norms for buyback of securities through open and buyback tender offers
 "Sebi extends relaxation in procedural norms for open, buyback offers")
Sebi exempts Somany Ceramics promoter trusts from making open offer
As per the regulatory norms, the proposed acquisition will attract the obligation to make open offer under the Takeover Regulations.
 "Sebi exempts Somany Ceramics promoter trusts from making open offer")
Why do acquirers hate mandatory open offers to buy equity?
Why is the open offer of a few hundred crores the biggest obstacle in the way of the acquirer?
 "Why do acquirers hate mandatory open offers to buy equity?")
Open offers by listed firms fall 32% in FY16
A total of 73 open offers for shares worth Rs 11,766 crore were made by the companies in the financial year 2015-16
 "Open offers by listed firms fall 32% in FY16")
