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of <h1>SEBI Issues Regulations on Substantial Share Acquisitions and Takeovers for Transparency and Investor Protection, Effective 1997.</h1> The Securities and Exchange Board of India (SEBI) issued the Substantial Acquisition of Shares and Takeovers Regulations, 1997, under the authority granted by section 30 of the SEBI Act, 1992. This notification, dated February 20, 1997, outlines the regulatory framework governing the acquisition of substantial shares and takeovers in India, aiming to ensure transparency and protect investor interests in the securities market.
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