Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Securities regulations require disclosure of shareholding changes over 5% or 2% threshold; 10% or 5% for Innovators Growth Platform.</h1> Regulation 29 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandates that any acquirer, along with persons acting in concert, must disclose their aggregate shareholding and voting rights when acquiring five percent or more of a target company's shares. For companies listed on the Innovators Growth Platform, this threshold is ten percent. Changes in shareholding or voting rights must also be disclosed if they exceed two percent, or five percent for Innovators Growth Platform entities. Disclosures must be made within two working days to relevant stock exchanges and the target company. Encumbrances are treated as acquisitions or disposals for disclosure purposes, except for certain financial institutions.