Applicability of capital-issue regulations: lists covered issue types and excludes specified takeover-related issuances. Regulation 3 prescribes that the ICDR regulations apply to public issues; rights issues above the specified monetary threshold; preferential issues; bonus share issues by listed issuers; qualified institutional placements by listed issuers; and Indian Depository Receipts. A proviso excludes application of these regulations to securities issued under certain clauses of regulation 9(1) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011, thereby exempting specified takeover-related issuances from the ICDR provisions.
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Provisions expressly mentioned in the judgment/order text.
Applicability of capital-issue regulations: lists covered issue types and excludes specified takeover-related issuances.
Regulation 3 prescribes that the ICDR regulations apply to public issues; rights issues above the specified monetary threshold; preferential issues; bonus share issues by listed issuers; qualified institutional placements by listed issuers; and Indian Depository Receipts. A proviso excludes application of these regulations to securities issued under certain clauses of regulation 9(1) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011, thereby exempting specified takeover-related issuances from the ICDR provisions.
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