Answer the following questions with reference to SEBI (Buy-back of Securities), Regulations, 2018: Can an unregistered shareholder tender his shares for buy-back?
CS Executive · Securities Laws and Capital Markets · PYQS · June 2024
Answer the following questions with reference to SEBI (Buy-back of Securities), Regulations, 2018: Can an unregistered shareholder tender his shares for buy-back?
Answer & Explanation:
As per the provision of Regulation 9 of the SEBI (Buy-Back of Securities) Regulations, 2018, an unregistered shareholder may also tender his shares for buy-back by submitting the duly executed Transfer Deed for transfer of shares in his name, along with the Offer Form and other relevant documents as required for transfer, if any.
Topics: SEBI (Buy-back of Securities) Regulations, 2018
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