https://www.taxtmi.com/notifications?id=133257 The amendment to regulation 10 inserts a new sub-regulation granting an exemption from the obligation to make an open offer under regulation 3(1) and regulation 4 for any acquisition of shares, voting rights or control effected by a preferential issue that complies with regulation 164A of the ICDR Regulations, 2018. The exemption also applies to target companies with infrequently traded shares that meet sub-regulations (2)-(8) of regulation 164A, with pricing for such shares governed by regulation 165 of the ICDR Regulations, 2018. en-us Mon, 22 Jun 2020 00:00:00 +0530 Tue, 23 Jun 2020 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133257 The amendment to regulation 10 inserts a new sub-regulation granting an exemption from the obligation to make an open offer under regulation 3(1) and regulation 4 for any acquisition of shares, voting rights or control effected by a preferential issue that complies with regulation 164A of the ICDR Regulations, 2018. The exemption also applies to target companies with infrequently traded shares that meet sub-regulations (2)-(8) of regulation 164A, with pricing for such shares governed by regulation 165 of the ICDR Regulations, 2018. Notifications SEBI Mon, 22 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133257