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<h1>SEBI Amends Share Acquisition Rules: New Disclosure Requirements at 5% and 10% Voting Rights, Regulation 7 Updated.</h1> The Securities and Exchange Board of India (SEBI) has issued the Third Amendment to the Substantial Acquisition of Shares and Takeovers Regulations, 1997. Effective upon publication in the Official Gazette, the amendment introduces a new sub-regulation (1A) to Regulation 7, requiring acquirers to disclose acquisitions when they reach 5% and 10% of voting rights. Additionally, Regulation 11's threshold for exercising voting rights is increased from 5% to 10%. These changes aim to enhance transparency in the acquisition of shares and voting rights. The amendment was authorized by SEBI under the Securities and Exchange Board of India Act, 1992.