TMI BlogFiling of letter of offer with the BoardX X X X Extracts X X X X X X X X Extracts X X X X ..... ll, through the manager to the open offer, file with the Board, a draft of the letter of offer containing such information as may be specified along with a non-refundable fee, as per the following scale, 1 [by way of direct credit in the bank account through NEFT/RTGS/IMPS or 3 [ online payment using the SEBI Payment Gateway or any other mode as may be specified by the Board from time to time ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd in the event the open offer is subject to differential pricing, shall be computed at the highest offer price, irrespective of manner of payment of the consideration: Provided that in the event of consideration payable under the open offer being enhanced owing to a revision to the offer price or offer size the fees payable shall stand revised accordingly, and shall be paid within five working ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e extended to the fifth working day from the date of receipt of satisfactory reply to the clarification or additional information sought. Provided further that in the event the Board specifies any changes, the manager to the open offer and the acquirer shall carry out such changes in the letter of offer before it is dispatched to the shareholders. (5) In the case of competing offers, the Boa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ees. One lakh twenty five thousands rupees (1,25,000) b. More than ten crore rupees, but less than or equal to one thousand crore rupees. One lakh twenty five thousands rupees (1,25,000) plus 0.025 per cent of the portion of the offer size in excess of ten crore rupees (10,00,00,000). c. More ..... X X X X Extracts X X X X X X X X Extracts X X X X
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