SEBI amends Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ; effective immediately

The Securities and Exchange Board of India (“SEBI”) has issued the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2021 (“Third Amendment”) in order to further amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The Third Amendment has gained effect immediately.

We are analysing the Third Amendment and will be sharing a detailed summary shortly.

 

Source: Securities and Exchange Board of India

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