Describing the new rule as a potential game changer that could enhance merger and acquisition (M&A) deal activity, Abhishek Dadoo of Khaitan & Co. pointed out that the old regime allowed delisting through a reverse book build process, which sometimes led to excessively high prices. This often made delisting financially impractical for companies.
RailTel shares rocket 25% in just 2 days! What’s triggering this massive surge?
RailTel shares jumped 25% in two days after landing fresh orders worth over Rs 700 crore, including major tunnel communication projects from RVNL and a