https://www.taxtmi.com/circulars?id=57706 An acquirer who, together with persons acting in concert, holds a controlling majority but is below the takeover threshold may acquire a limited additional stake without a public announcement, provided such acquisition is through open market normal segment purchases or pursuant to a buyback, excludes bulk/block/negotiated/preferential deals, is aggregated across purchases without netting sales, may occur in one or more tranches without time restriction, and must not result in the acquirer's combined shareholding exceeding the regulatory upper shareholding cap. en-us Thu, 06 Aug 2009 00:00:00 +0530 Sat, 24 Nov 2018 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57706 An acquirer who, together with persons acting in concert, holds a controlling majority but is below the takeover threshold may acquire a limited additional stake without a public announcement, provided such acquisition is through open market normal segment purchases or pursuant to a buyback, excludes bulk/block/negotiated/preferential deals, is aggregated across purchases without netting sales, may occur in one or more tranches without time restriction, and must not result in the acquirer's combined shareholding exceeding the regulatory upper shareholding cap. Circulars SEBI Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57706