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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>SEBI Updates Share Acquisition Disclosure Formats Under Takeover Regulations 2011: Details for Merchant Bankers and Stock Exchanges.</h1> The circular issued by SEBI on October 20, 2011, addresses the Substantial Acquisition of Shares and Takeovers Regulations, 2011. It follows an earlier circular from September 23, 2011, detailing the formats for reports and disclosures required under Regulations 29(1) and 29(2). Annexure-A and Annexure-B provide specific formats for disclosing acquisitions and disposals of shares, detailing the necessary information such as the name of the target company, acquirer details, stock exchanges involved, and specifics of the acquisition or disposal. These formats are available on SEBI's website for reference by registered merchant bankers and recognized stock exchanges.