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of <h1>Regulation 69A: Exit Opportunity for Dissenting Shareholders When Promoters Change Contract Terms per Companies Act, 2013.</h1> Regulation 69A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, outlines the conditions for providing an exit opportunity to dissenting shareholders. This applies when promoters or controlling shareholders of an issuer offer an exit to dissenting shareholders due to changes in the objectives or terms of a contract as specified in the prospectus, in accordance with sections 13(8) and 27(2) of the Companies Act, 2013. These provisions do not apply if there are no identifiable promoters or controlling shareholders in the listed issuer.
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