SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Chapter II SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL
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Acquisition of control requires public open offer announcement under takeover regulations prior to acquiring control. Acquirers must make a public announcement of an open offer in accordance with the takeover regulations before acquiring, directly or indirectly, control ... Summary
Referred In :
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Acquisition of control requires public open offer announcement under takeover regulations prior to acquiring control.
Acquirers must make a public announcement of an open offer in accordance with the takeover regulations before acquiring, directly or indirectly, control of a target company; acquisition or holding of shares or voting rights does not permit acquisition of control absent compliance with the open offer requirement under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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