PGH pact group holdings ltd

IBC, page-19

  1. 286 Posts.
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    So the current situation is we is RG has 87% and Manipur and User123 combined have at least 7%.

    That means there are still 6% of shares with others (people like myself). I was incorrect in my previous post however for RG to get to 90%, then at least 50% of the 6% group will need to sell their shares to RG.

    If this occurs then he can acquire the remaining shares forcefully then he will be able to de-list.

    Does this sound correct to others that are a bit wiser than me?
 
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