Chapter III - SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY (From Regulation 10 to Regulation 29A)
Regulation 7 - Acquisition of 5 per cent and more shares or voting rights of a company.
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
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Disclosure of Substantial Shareholding required within prescribed period for acquisitions and pledges to listed companies and exchanges. Acquirers who cross specified substantial shareholding or voting rights thresholds must disclose aggregate holdings to the target company and listing stock exchanges within the prescribed short period; pledgees (except banks or financial institutions) must disclose creation of pledges. Stock exchanges must immediately display such information on trading screens, notice boards and websites, and the target company must, after receiving information, disclose aggregate shareholdings to all exchanges within the specified period to ensure transparency of changes in substantial shareholding and control.
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 required within prescribed period for acquisitions and pledges to listed companies and exchanges.
Acquirers who cross specified substantial shareholding or voting rights thresholds must disclose aggregate holdings to the target company and listing stock exchanges within the prescribed short period; pledgees (except banks or financial institutions) must disclose creation of pledges. Stock exchanges must immediately display such information on trading screens, notice boards and websites, and the target company must, after receiving information, disclose aggregate shareholdings to all exchanges within the specified period to ensure transparency of changes in substantial shareholding and control.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.