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.