Courier transshipment of imported goods via named carrier to air cargo stations renewed until 30.01.2026; exemption conditional, strict controls apply...
Insurer's investment gains and investment write-downs face Section 263 revision; enquiry upheld, Rule 5(b)(ii) lapse sustained, late corrigendum quash...
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.
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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