India: Sebi moots redefining ‘control’ in companies to ease M&A process

India: Sebi moots redefining ‘control’ in companies to ease M&A process

Photo: Reuters

The Securities and Exchange Board of India, or Sebi, on Monday suggested two ways to clear ambiguities in the definition of “control” in a listed firm, a move primarily aimed at making mergers and acquisitions smoother and free of legal hassles.

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