Anti-investor Moves

On 28th April, Business Standard reported that the finance ministry proposes to scrap Reverse Book Building (RBB), which allows investors to decide the exit price at which companies can delist. The report said that the finance ministry has decided on a formula-based exit price. Yet, the finance ministry is currently seeking public opinion on whether to scrap RBB and introduce a fixed exit...

Premium Content
You can buy this article individually, which will give you access only to this article.
Pay Per Article Gift An Article
Already a subscriber ? Log in
Free Helpline
Legal Credit