Answer the followings with reasons, with reference to SEBI Buyback Regulations, whether these buy-back are as per the provisions of the regulations? The company can directly or indirectly purchase its own shares through
CS Executive · Securities Laws and Capital Markets · PYQS · December 2021
Answer the followings with reasons, with reference to SEBI Buyback Regulations, whether these buy-back are as per the provisions of the regulations? The company can directly or indirectly purchase its own shares through any subsidiary including its own subsidiaries.
Answer & Explanation:
As per the conditions and requirements for buyback of shares provided under the SEBI Buyback Regulations, the company shall not directly or indirectly purchase its own shares through any subsidiary including its own subsidiaries. Therefore, this statement is not as per the provisions of the SEBI Buyback Regulations.
Topics: Buy-back of Securities
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