Question
Which of the following is true with respect to the term “enterprise value” mentioned under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011?
Which of the following is true with respect to the term “enterprise value” mentioned under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011?
I. Enterprise value means the value calculated as market capitalization of a company
II. Enterprise value does not include debt and minority interest
III. Enterprise value does not include cash equivalents
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