Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
SECURITIES AND EXCHANGE BOARD OF INDIA
India
Securities And Exchange Board ... India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
Rule SECURITIES-AND-EXCHANGE-BOARD-OF-INDIA-SUBSTANTIAL-ACQUISITION-OF-SHARES-AND-TAKEOVERS-REGULATIONS
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
20. [ Offer price. - (1) The offer to acquire shares under regulation ... acquirer within [seven] [Substituted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2002, w.e.f. 9-9-2002. ] days from
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
3. Applicability of the regulation
. - (1) Nothing contained in regulations ... management; [***] [Clause (c) omitted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment)Regulations, 2002, w.e.f. 9-9-2002 ] (d) allotment
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
2. Definitions
. (1) In these Regulations, unless the context otherwise requires ... change in control;] [Inserted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2002, w.e.f. 9-9-2002. ] (cc) ["disinvestment
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
28. Provision of escrow
. - (1) The acquirer shall ... forfeited.] [Inserted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment)Regulations, 2002, w.e.f. 9-9-2002. ] (12) The escrow account
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
22. General obligations of the acquirer
. - (1) The public announcement ... fifth] [Substituted for [sixtieth] by the SEBI (Substantial Acquisition of Shares and Takeovers)(Amendment) Regulations, 2004, w.e.f. 3-9-2004. ] day from
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
11. Consolidation of holdings
. - (1) No acquirer who, together with persons ... more than 51%] by the SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 1998, w.e.f. 28-10-98. ]]] of the shares
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
16. Contents of the public announcement of offer
. - The public announcement ... target company;] [Inserted by SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations,2004, w.e.f. 3-9-2004. ] (vii) the salient features
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
23. General obligations of the board of directors of the target ... issue [or allot] [Inserted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment)Regulations, 2002, w.e.f. 9-9-2002. ] any authorised
Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers)Regulations, 1997
25. Competitive bid
. - (1) Any person, other than the acquirer ... case may be,] [Substituted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2001, w.e.f. 12-9-2001. ] for acquisition
