<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Party&#039;s 0.04% Share Increase Breaches Takeover Regulation; Ordered to Transfer Excess Shares Back via Open Market.</title>
    <link>https://www.taxtmi.com/highlights?id=46537</link>
    <description>Violation of the Takeover Regulation - holding increased from 24.74% to 25.04% - violation of the Takeover Regulation is only to the extent of 0.04% and that too due to transfer of shares between the promoters via open market - direction of the WTM to make public announcement to acquire shares would be disproportionate - directed to transfer 0.04 % shares through open market</description>
    <language>en-us</language>
    <pubDate>Thu, 16 May 2019 08:02:39 +0530</pubDate>
    <lastBuildDate>Thu, 16 May 2019 08:02:39 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=571344" rel="self" type="application/rss+xml"/>
    <item>
      <title>Party&#039;s 0.04% Share Increase Breaches Takeover Regulation; Ordered to Transfer Excess Shares Back via Open Market.</title>
      <link>https://www.taxtmi.com/highlights?id=46537</link>
      <description>Violation of the Takeover Regulation - holding increased from 24.74% to 25.04% - violation of the Takeover Regulation is only to the extent of 0.04% and that too due to transfer of shares between the promoters via open market - direction of the WTM to make public announcement to acquire shares would be disproportionate - directed to transfer 0.04 % shares through open market</description>
      <category>Highlights</category>
      <law>SEBI</law>
      <pubDate>Thu, 16 May 2019 08:02:39 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=46537</guid>
    </item>
  </channel>
</rss>