Formats for disclosures under regulation 8A(1), 8A(2), 8A(3) and 8A(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997
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Disclosure of pledged promoter shares required in prescribed formats; promoters and companies must file reports when thresholds are exceeded. Mandates standardized disclosure formats for pledge transactions: promoters/promoter-group must report to the company (Annexure A) pre-transaction holdings, transaction type (pledge/revoke/invoke), numbers and post-transaction percentages; companies must report to stock exchanges (Annexure B) whenever aggregate promoter/promoter-group pledges exceed the regulatory threshold in a quarter, supplying chronological transaction details and aggregated post-transaction percentages. Stock exchanges are to notify listed companies; ''entity'' denotes promoter or person in promoter group.
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 pledged promoter shares required in prescribed formats; promoters and companies must file reports when thresholds are exceeded.
Mandates standardized disclosure formats for pledge transactions: promoters/promoter-group must report to the company (Annexure A) pre-transaction holdings, transaction type (pledge/revoke/invoke), numbers and post-transaction percentages; companies must report to stock exchanges (Annexure B) whenever aggregate promoter/promoter-group pledges exceed the regulatory threshold in a quarter, supplying chronological transaction details and aggregated post-transaction percentages. Stock exchanges are to notify listed companies; ''entity'' denotes promoter or person in promoter group.
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