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SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ...

SECURITIES AND EXCHANGE BOARD OF INDIA . (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS). REGULATIONS, 1997. CONTENTS. CHAPTER I. PRELIMINARY. 1. Short title and commencement. 2. Definitions. 3. Applicability of the regulation. 4. Takeover panel. 5. Power of the BOARD . CHAPTER II. DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED. COMPANY. 6. Transitional provision. 7. Acquisition of 5 percent and more or voting rights of a company. 8. Continual disclosures. 8A. Disclosure of pledged shares. 9. Power to call for information. CHAPTER III. SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN. AND ACQUISITION OF CONROL OVER A LISTED COMPANY. 10. Acquisition of fifteen percent or more of the shares or voting rights of any company. 11. Consolidation of holdings. 12. Acquisition of control over a company. 13. Appointment of a merchant banker. 14. Timing of the public announcement of offer. 15. Public announcement of offer. 16.

15. Public announcement of offer. 16. Contents of the public announcement of offer. 17. Brochures, advertising material, etc. 18. Submission of letter of offer to the Board. 19. Specified date. 20. Offer price. 20A. Acquisition price under creeping acquisition. Page 2 of 75 21. ...

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Transcription of SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ...