Q.

In case of buyback of shares by a listed company, the letter of offer to the shareholders shall be dispatched not earlier than –

A. 10 days from its submission to the SEBI in draft form
B. 15 days from its submission to the SEBI in draft form
C. 21 days from its submission to the SEBI in draft form
D. 30 days from its submission to the SEBI in draft form
Answer» C. 21 days from its submission to the SEBI in draft form
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