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Overview of sebi takeover regulations, 2011 - TakeoverCode.com

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VOLUME WEIGHTED AVERAGE PRICE“Volume weighted average price” means theproduct <strong>of</strong> the number <strong>of</strong> equity shares bought andprice <strong>of</strong> each such equity share divided by the totalnumber <strong>of</strong> equity shares bought;Number <strong>of</strong> shares bought on a particular day: AMarket Price: BVolume weighted Average Price =A1*B1+A2*B2+A3*B3………A1+A2+A3……………..11/09/2012

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