SEBI (Delisting of Equity Shares) Regulations, 2009 - last amended on July 29, 2019Central Regulations · 1992
(1) The date of opening of the offer shall not be later than 37[seven] working days from the date of the public announcement.
38[(1A) The acquirer or promoter shall facilitate tendering of shares by the shareholders and settlement of the same, through the stock exchange mechanism as specified by the Board.]
(2) The offer shall remain open for a 39[***] period of five working days, during which the public shareholders may tender their bids.
Right of shareholders to participate in the book building process
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