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of <h1>Key Terms in India's Share Acquisition Regulations: Acquirer, Control, Promoter, and More Explained in 1997 Rules.</h1> The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, defines key terms related to the acquisition of shares and control over companies. It includes definitions for 'acquirer,' 'control,' 'disinvestment,' 'person acting in concert,' 'promoter,' and 'public shareholding,' among others. The regulations outline the criteria for determining control and the relationships that constitute acting in concert. It also clarifies the roles of promoters and public financial institutions. These definitions are crucial for understanding the regulatory framework governing substantial acquisitions and takeovers in India.
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