Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2021

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.... and Takeovers) Regulations, 2011, namely:- 1. These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011,- I. In regulation 1, in the proviso under sub-regulation (3), the words "Institutional Trading Platform" shall be substituted with the words "Innovators Growth Platform". II. In regulation 3, after the existing sub-regulation (4), the following new sub-regulation shall be inserted, namely, - "(5) For the....

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....cent" shall be read as "ten per cent" and any reference to "two per cent" shall be read as "five per cent"." AJAY TYAGI, Chairman [ADVT.-III/4/Exty./52/2021-22] Footnote: 1. The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 were published in the Gazette of India on 23rd September, 2011 vide No. LAD-NRO/GN/2011 12/24/30181. 2. The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 were subsequently amended on: a) March 26, 2013 by the SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2013 vide No. LAD-NRO/GN/2012 13/36/7368. b) October 8, 2013 by the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulatio....