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Options
- A
Take approval of SEBI within two working days after the acquisition
-
Inform the Stock Exchange on which the SME is listed within two trading days of such acquisition
Correct answer
- C
Inform the management of the SME two days before the acquisition
- D
Take prior approval from SEBI once the acquisition proposal is approved by the SME
Why this is the answer
The regulation mandates prompt disclosure of substantial acquisitions to the stock exchange within two trading days for transparency.
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