TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends Regulation 3 Allowing Share Transfers from Venture Capital Funds to Promoters or Undertakings.</h1> The Securities and Exchange Board of India (SEBI) has amended the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. This amendment, effective upon publication in the Official Gazette, introduces a new clause in regulation 3, sub-regulation (1). The clause allows for the transfer of shares from venture capital funds or foreign venture capital investors registered with SEBI to promoters of a venture capital undertaking or the undertaking itself, pursuant to an agreement between the involved parties. This amendment is part of ongoing regulatory updates initially established in 1997.
TaxTMI 
TaxTMI 
