POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS - 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 V DISCLOSURES OF SHAREHOLDING AND CONTROL
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Disclosure of aggregated shareholding and voting rights requires reporting of convertible securities and broad encumbrance definitions, with exchange dissemination. Disclosures must report aggregated shareholding and voting rights of acquirers, promoters and persons acting in concert; holdings of convertible ... Summary
Disclosure of aggregated shareholding and voting rights requires reporting of convertible securities and broad encumbrance definitions, with exchange dissemination.
Disclosures must report aggregated shareholding and voting rights of acquirers, promoters and persons acting in concert; holdings of convertible securities are treated as shares for disclosure; encumbrance is broadly defined to include restrictions on title, pledge, lien, negative lien, non-disposal undertakings and any transaction or arrangement in the nature of an encumbrance whether direct or indirect; the stock exchange must forthwith disseminate received disclosures.
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