India: Sebi may peg M&A ‘control’ cap at 25%

India: Sebi may peg M&A ‘control’ cap at 25%

A file photo of the Sebi headquarters in Mumbai. Photo: Abhijit Bhatlekar/Mint

The market regulator is set to clarify what the term ‘control’ means in the context of mergers and acquisitions (M&As) by pegging the shareholding threshold of an acquirer at 25%, two persons familiar with the development said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter