https://www.taxtmi.com/circulars?id=57819 Regulation 11(1) permits the Board to grant an exemption from open offer obligations and Regulation 11(3) requires acquirers to file an application with a sworn affidavit. SEBI prescribes a standard application format (Annexure A) requiring detailed disclosures about acquirers, target company, proposed acquisition, triggered provisions, and supporting documents, and sets out a Schedule of specific trust-deed conditions and undertakings where a Trust is the acquirer, while clarifying that compliance does not guarantee exemption and applications will be considered case-by-case. en-us Fri, 22 Dec 2017 00:00:00 +0530 Fri, 30 Nov 2018 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57819 Regulation 11(1) permits the Board to grant an exemption from open offer obligations and Regulation 11(3) requires acquirers to file an application with a sworn affidavit. SEBI prescribes a standard application format (Annexure A) requiring detailed disclosures about acquirers, target company, proposed acquisition, triggered provisions, and supporting documents, and sets out a Schedule of specific trust-deed conditions and undertakings where a Trust is the acquirer, while clarifying that compliance does not guarantee exemption and applications will be considered case-by-case. Circulars SEBI Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57819