Takeover regulations: SEBI establishes framework to govern substantial share acquisitions and takeover oversight. Establishes a regulatory framework titled Takeovers governing substantial acquisition of shares and takeovers, enacted by the Securities and Exchange Board of India under powers conferred by the SEBI Act, 1992, prescribing SEBI's authority to regulate acquisitions of shareholdings that trigger takeover obligations and to provide oversight for change in control transactions in the securities market.
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Provisions expressly mentioned in the judgment/order text.
Takeover regulations: SEBI establishes framework to govern substantial share acquisitions and takeover oversight.
Establishes a regulatory framework titled Takeovers governing substantial acquisition of shares and takeovers, enacted by the Securities and Exchange Board of India under powers conferred by the SEBI Act, 1992, prescribing SEBI's authority to regulate acquisitions of shareholdings that trigger takeover obligations and to provide oversight for change in control transactions in the securities market.
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