Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Chapter: I
PRELIMINARY
Regulation 1	:	Short title, commencement and applicability
Regulation 2	:	Definitions
Chapter: II
SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL
Regulation 3	:	Substantial acquisition of shares or voting rights
Regulation 4	:	Acquisition of control
Regulation 5	:	Indirect acquisition of shares or control
Regulation 5A	:	Delisting Offer.
Regulation 6	:	Voluntary Offer
Regulation 6A	:	Notwithstanding anything contained in these regulations, no person who is a wilful defaulter shall make a public announcement .....
Regulation 6B	:	Notwithstanding anything contained in these regulations, no person who is a fugitive economic offender .....
Regulation 7	:	Offer Size
Regulation 8	:	Offer Price
Regulation 9	:	Mode of payment
Regulation 10	:	General exemptions
Regulation 11	:	Exemptions by the Board
Chapter: III
OPEN OFFER PROCESS
Regulation 12	:	Manager to the open offer
Regulation 13	:	Timing
Regulation 14	:	Publication
Regulation 15	:	Contents
Regulation 16	:	Filing of letter of offer with the Board
Regulation 17	:	Provision of escrow
Regulation 18	:	Other procedures
Regulation 19	:	Conditional offer
Regulation 20	:	Competing offers
Regulation 21	:	Payment of consideration
Regulation 22	:	Completion of acquisition
Regulation 23	:	Withdrawal of open offer
Chapter: IV
OTHER OBLIGATIONS
Regulation 24	:	Directors of the target company
Regulation 25	:	Obligations of the acquirer
Regulation 26	:	Obligations of the target company
Regulation 27	:	Obligations of the manager to the open offer
Chapter: V
DISCLOSURES OF SHAREHOLDING AND CONTROL
Regulation 28	:	Disclosure-related provisions
Regulation 29	:	Disclosure of acquisition and disposal
Regulation 30	:	Omitted
Regulation 31	:	Disclosure of encumbered shares
Chapter: V-A
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
Regulation 31A	:	Exemption from enforcement of the regulations in special cases
Chapter: VI
MISCELLANEOUS
Regulation 32	:	Power to issue directions
Regulation 33	:	Power to remove difficulties
Regulation 34	:	Amendment to other regulations
Regulation 35	:	Repeal and Savings
SCHEDULE
Schedule	:	Amendment to Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009