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.
SEBI's 2025 amendment to the Substantial Acquisition of Shares and Takeovers Regulations, 2011 introduces the concept of a "valuer" aligned with section 247 of the Companies Act, 2013 and mandates use of an independent registered valuer, instead of the acquirer and manager to the open offer, for share valuation under regulations 8 and 9. The Board may require such valuation at the acquirer's expense. Transitional provisions allow acquirers, managers to the open offer, independent merchant bankers, and independent chartered accountants to complete existing valuation assignments initiated before the amendment's commencement within nine months from its effective date, after which the new valuer framework fully applies.
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