Question

    What is the minimum premium required over the floor

    price for delisting shares using SEBI’s fixed price mechanism?
    A 10% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer
    E 20% Correct Answer Incorrect Answer

    Solution

    SEBI's fixed price delisting mechanism requires a minimum premium of 15% over the floor price.

    Practice Next