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<h1>SEBI Amends 2011 Regulations: Promoters Can Acquire 5-10% Voting Rights via Preferential Shares Until March 2021.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Substantial Acquisition of Shares and Takeovers Regulations, 2011. Effective upon publication in the Official Gazette, the amendment allows promoters to acquire between five and ten percent of voting rights in a target company for the financial year 2020-21, specifically through preferential equity share issues. Additionally, a relaxation from a specific proviso is extended until March 31, 2021. This amendment is part of a series of modifications to the original 2011 regulations, which have been updated multiple times since their inception.