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<h1>Regulation 31: Guidelines for Acquiring Shares in Financially Weak Companies During Rehabilitation Schemes.</h1> Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, outlines the procedure for acquiring shares in a financially weak company during a rehabilitation scheme. The lead institution must solicit offers from at least three parties and select one based on managerial competence, financial resources, and technical capability. The institution must provide prospective acquirers with detailed information about the company's management, technology, products, shareholding, financial performance, and assets over the past five years, along with the financial and other commitments required for rehabilitation.