Conquests are all set to get more expensive with the SEBI team putting its favor and crafting it compulsory for the obtainer to make a proffer for up to 100 per cent bid in any listed group.

But for the time being, an open offer for a bare minimum of 20 percent in the targeted group is needed to be chalked out by any group or body that has bought 15 percent equity, either from the supporter or direct from the open market.

The Securities and Exchange Board of India has fixed up a Takeover Regulatory Advisory panel, with ex- Securities Appellate Tribunal donning officer C Achuthan as the chairman of the panel.

The Committee, that marked the report in discussion with the different stakeholders, is expected to have alternatives making appropriate modifications in the current takeover regulations.

Whilst any modifications are expected to come into effect from the next fiscal only, the committee has planned to suggest inclining the open offer dimension from 20 percent to as elevated as 100 percent.