https://www.taxtmi.com/circulars?id=65427 Automation under the Takeover Regulations extends System Driven Disclosures so depository-recorded transactions under Regulation 29 and 31 need no manual filing except for acquisitions with persons acting in concert, holdings in physical form, and entities without PAN or designated depository. All encumbrances must be recorded in the depository system with ultimate lender/trustee or debenture issuer details and reasons for encumbrance; depositories must enable recording of outstanding encumbrances by June 30, 2022. Depositories will provide data to exchanges for consolidation and dissemination; quarterly reconciliation by listed companies, exchanges and depositories is required; provisions effective July 01, 2022. en-us Mon, 07 Mar 2022 00:00:00 +0530 Tue, 08 Mar 2022 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65427 Automation under the Takeover Regulations extends System Driven Disclosures so depository-recorded transactions under Regulation 29 and 31 need no manual filing except for acquisitions with persons acting in concert, holdings in physical form, and entities without PAN or designated depository. All encumbrances must be recorded in the depository system with ultimate lender/trustee or debenture issuer details and reasons for encumbrance; depositories must enable recording of outstanding encumbrances by June 30, 2022. Depositories will provide data to exchanges for consolidation and dissemination; quarterly reconciliation by listed companies, exchanges and depositories is required; provisions effective July 01, 2022. Circulars SEBI Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65427