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of <h1>SEBI Amends Clause 35 of Equity Listing Agreement for Takeover Regulations; Stock Exchanges Must Comply and Report.</h1> The Securities and Exchange Board of India (SEBI) has issued the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, effective September 23, 2011. These regulations necessitate amendments to Clause 35 of the Equity Listing Agreement, which stock exchanges must implement and report compliance with. The circular includes Annexures detailing the required amendments and prescribed formats for disclosures and reports under the new regulations. These documents are accessible on SEBI's website under the sections 'Legal Framework' and 'Takeovers.' The circular is directed to registered merchant bankers and recognized stock exchanges.
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