Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997 Chapter III SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Specified date requirement ensures public announcement identifies shareholders for letters of offer within a prescribed short timeframe. Regulation 19 requires a public announcement to specify a specified date for determining the names of shareholders to whom the letter of offer should be ... Summary
Specified date requirement ensures public announcement identifies shareholders for letters of offer within a prescribed short timeframe.
Regulation 19 requires a public announcement to specify a specified date for determining the names of shareholders to whom the letter of offer should be sent, and mandates that this specified date fall within a short prescribed period following the public announcement, establishing a temporal cut-off for shareholder identification in the takeover process.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.