Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2020.

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....sition of Shares And Takeovers) (Second Amendment) Regulations, 2020 No. SEBI/LAD-NRO/GN/2020/19.─ In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation....

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....rom the obligation to make an open offer under sub-regulation (1) of regulation 3 and regulation 4. Explanation- The above exemption from open offer shall also apply to the target company with infrequently traded shares which is compliant with the provisions of sub-regulations (2), (3), (4), (5),(6), (7) and (8) of regulation 164A of the Securities and Exchange Board of India (Issue of Ca....

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....013 by the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013 vide No. LAD-NRO/GN/2013-14/28/6720 c) May 23,2014 by the SEBI (Payment of Fees) (Amendment) Regulations, 2014 vide Notification No. LADNRO/GN/2014-15/03/1089. d) March 24, 2015 by the SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2015 vide No. L....

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.... 2016 vide No. SEBI/ LAD-NRO/GN/2016-17/002. j) March 6, 2017 by SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017 vide No. SEBI/LAD/NRO/GN/2016-17/037 readwith notification dated March29,2017vide No. SEBI/LAD/ NRO/GN/2016-17/38. k) August 14, 2017 by SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2017 No. SEBI/LAD-NRO/GN/20....