CS Executive Capital Market & Securities Laws Practice Questions - ICSI CS Executive Programme Paper 5 Capital Market & Securities Laws Exam

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On triggering a mandatory open offer under SAST 2011, what minimum size of open offer must the acquirer make to public shareholders?

At least 26% of voting rights At least 20% of voting rights At least 10% of voting rights At least 100% of voting rights

Correct Answer:

At least 26% of voting rights

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