Finance · Financial Markets
Which of the following inter se transfers is exempt from the obligation to make an open offer under Regulation 10(1)(a) of the SEBI (SAST) Regulations, 2011?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Transfer between a commercial creditor and a corporate debtor under ordinary course of business
- 2Transfer between a newly added promoter and a retail investor
- 3Transfer between promoters named in the shareholding pattern filed for a continuous period of at least 3 years prior to the proposed acquisition✓
- 4Transfer between completely unrelated corporate entities
Correct answer
Transfer between promoters named in the shareholding pattern filed for a continuous period of at least 3 years prior to the proposed acquisition
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