Chapter III - SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY (From Regulation 10 to Regulation 29A)
Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997 Chapter II DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY
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Disclosure of substantial shareholding requires notice to the company and exchanges within prescribed transitional periods. Regulation 6 requires persons holding more than five percent of shares or voting rights and promoters or controllers (including persons acting in concert) to disclose their aggregate holdings and percentages to the company within the transitional two month period; companies must, within three months, disclose to all stock exchanges the aggregate holdings of such persons and the names, addresses, and holdings of promoters and controlling persons.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure of substantial shareholding requires notice to the company and exchanges within prescribed transitional periods.
Regulation 6 requires persons holding more than five percent of shares or voting rights and promoters or controllers (including persons acting in concert) to disclose their aggregate holdings and percentages to the company within the transitional two month period; companies must, within three months, disclose to all stock exchanges the aggregate holdings of such persons and the names, addresses, and holdings of promoters and controlling persons.
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