DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
Exemption from takeover obligations requires application with offers; Board may request information and set timing expectations. Exemption requests must accompany offers and ask the Board to relieve acquisitions from Chapter III; the Board may call for information from the company ... Summary
Exemption from takeover obligations requires application with offers; Board may request information and set timing expectations.
Exemption requests must accompany offers and ask the Board to relieve acquisitions from Chapter III; the Board may call for information from the company and lead institution about vetting and evaluation of offers, and notwithstanding any exemption the lead institution or acquirer should, as far as possible, adhere to the time limits for public offer activities under Chapter III.
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