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.
ArisInfra Solutions IPO opens for subscription today. Should you bid?
ArisInfra Solutions introduces its Rs 500 crore IPO today. The IPO includes a fresh offer and closes on June 20. The price is Rs 210–222