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of <h1>Section 108A: Restrictions on Acquiring Over 25% Equity in Public Companies Without Central Government Approval.</h1> Section 108A of the Companies Act, 1956, restricts the acquisition of equity shares in a public company or a private company that is a subsidiary of a public company. Without prior approval from the Central Government, no individual, firm, group, or corporate entity under the same management can acquire equity shares if the total nominal value of shares exceeds 25% of the company's paid-up equity capital. Additionally, government-held companies, corporations, or financial institutions cannot transfer shares to such acquirers without the Central Government's approval.
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