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of <h1>Regulation 69B Defines Exit Opportunities for Dissenting Shareholders and Key Terms in SEBI Regulations</h1> Regulation 69B of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, defines key terms related to providing exit opportunities to dissenting shareholders. 'Dissenting shareholders' are those who vote against a resolution for changing the objects or terms of a contract mentioned in the issuer's prospectus. 'Frequently traded shares' are defined as per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The 'relevant date' is the date of the board meeting where the proposal for changes is approved before seeking shareholder approval. These definitions were inserted by an amendment effective from February 17, 2016.
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