POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Substantial Acquisition of Shares: regulation of direct and indirect acquisitions and control, with Innovators Growth Platform exemption. These Regulations govern substantial acquisition of shares, acquisition of voting rights and acquisition of control in a target company, applying to both ... Summary
Substantial Acquisition of Shares: regulation of direct and indirect acquisitions and control, with Innovators Growth Platform exemption.
These Regulations govern substantial acquisition of shares, acquisition of voting rights and acquisition of control in a target company, applying to both direct and indirect transactions; they are titled the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and come into force thirty days after gazette publication. A proviso exempts companies listed on the Innovators Growth Platform of a recognised stock exchange, and later amendments revised the exclusion and certain terminology.
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