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SEC Grants Indian Corporation Partial Tender Offer Relief

The SEC granted no-action relief to an Indian issuer from Exchange Act Rule 14e-1(a) ("Unlawful tender offer practices"), allowing the issuer to conduct a tender offer in accordance with the requirements of Indian law.

Primary Sources

  1. SEC Corporate Finance Letter: Partial Tender Offer for Shares of KPIT Technologies, Limited

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Tags

Regulated Activities
Cross-Border Exchange and Tender Offers Trading
Sub-Activity
Partial Tenders
Regulated Entities
Foreign Entities Issuers of Securities
Sub-Entity
SEC-Registered Issuers
Jurisdiction
US - Federal
Impacted Foreign Jurisdiction
India
Organization
SEC