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Four-member Takeover Panel - SEBI
June 24 , 2021
1177 days
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- The Markets regulator Security and Exchange Board of India (SEBI) has reconstituted its four-member Takeover Panel.
- The Takeover Panel looks into the applications that seek exemption from the mandatory open offer that an acquirer needs to make to minority shareholders.
- SEBI has appointed N Venkatram MD and CEO, Deloitte India as the new member of this Takeover Panel.
- SEBI had first constituted this Takeover Panel in November 2007.
- It was constituted under the chairmanship of former Bank of Baroda chairman K Kannan.
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