Disclosure of acquisition and disposal

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....rget company, which taken together aggregates to five per cent or more of the shares of such target company, shall disclose their aggregate shareholding and voting rights in such target company in such form as may be specified.] ^3[Provided that in case of listed entity which has listed its specified securities on Innovators Growth Platform, any reference to "five per cent" shall be read as "te....

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....hall be read as "ten per cent" and any reference to "two per cent" shall be read as "five per cent".] (3) The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within two working days of the receipt of intimation of allotment of shares, or the acquisition ^2[or the disposal] of shares or voting rights in the target company to,- (a) every stock exchange ....

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....ce company" means a housing finance company registered with the National Housing Bank for carrying on the business of housing finance and is either deposit taking or having asset size worth rupees five hundred crores or more; and B. a "systemically important non-banking financial company" shall have the same meaning as assigned to it in the Securities and Exchange Boar....

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....and Takeovers) (Second Amendment) Regulations, 2018, w.e.f. 11-09-2018. 2a. Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/55 dated 28-12-2018 2b. Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/55 dated 28-12-2018 3. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/19 dated 05-05-2021 4. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/19 dated 05-....