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Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

 

Circular Dated 02.05.2016

 

While filing the reports, the acquirers are required to report compliance under Chapter V of the regulations. However, there is no specific time period mentioned in the formats for reporting of such compliance. In order to bring it in line with the requirement under Regulation 10(1)(a)SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it is necessary that the compliance should be reported for a period of 3 years.

 

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