Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2001

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....(1) of section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend- the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. 1. These Regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amen....

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....ectors on the Board of the target company by the acquirer under sub-regulation (7) of Regulation 22; (b) for acting on agreement for under sub-regulation (16) of Regulation 22; (c) for appointment of directors by the target company under clause (a) of sub-regulation (3) of this Regulation; and (d) for on transfer of securities or changes in the board of directors of the target company under ....

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.... pursuant to entering into a Share Purchase or Shareholders' Agreement with the Central Government for acquisition of shares or voting rights or control of a Public Sector Undertaking." [F.No. SEBI/LE/36209/2001] D. R. MEHTA, Chairman Footnote,- 1. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the principal regulation was published in the Gazette of India on Feb....