Vista moves SAT over Sebi seeking fresh valuation

Vista moves SAT over Sebi seeking fresh valuation In the meantime, several investors complained to the firm and to Sebi, saying the open offer price was not a reflection of the fair price. Synopsis At the heart of the dispute is an order passed by the Securities and Exchange Board of India (Sebi) in February appointing Verma and Verma to conduct an independent valuation and recommend an open offer price afresh, rejecting the one made by Vista.

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