Buyback definitions clarify key actors, transaction modalities and market terms for listed-company share repurchases.
Regulation 2 sets out definitions for the Buy-back Regulations, defining key actors (company, Board, merchant banker, registrar, auditors), market terms (stock exchange, securities, specified securities), stakeholder categories (associate, promoter, insider, small shareholder), transaction concepts (buyback period, tender offer), and cross-references to equivalent statutory meanings in the Act, Securities Contracts (Regulation) Act and Companies Act; it also incorporates related definitions from takeover and insider-trading regulations and notes recent amendments.
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