Applicability of takeover regulations: acquisition of sweat equity shares is subject to substantial acquisition and takeover rules. Acquisition of sweat equity shares is governed by the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; any such acquisition must comply with the substantive requirements and procedural obligations of the takeover regime.
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Provisions expressly mentioned in the judgment/order text.
Applicability of takeover regulations: acquisition of sweat equity shares is subject to substantial acquisition and takeover rules.
Acquisition of sweat equity shares is governed by the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; any such acquisition must comply with the substantive requirements and procedural obligations of the takeover regime.
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