Regulation 1 - Short title, commencement and applicability - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, SEPTEMBER 23, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, 23rd September, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 F. No. LAD-NRO/GN/2011-12/24/30181 .-In exercise of the powers conferred under section 30 read with clause (h) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) the Securities and Exchange Board of India hereby, makes the following regulations, namely: - CHAPTER - I PRELIMINARY Short title, commencement and applicability. 1. (1) These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 . (2) These regulations shall come into force on the thirtieth day from the date of their publication in the Official Gazette. (3) These regulations shall apply to direct and indirect acquisition of shares or voting rights in, or control over target company 1 [:] 2 [Provided that these regulations shall not apply to direct and indirect acquisition of shares or voting rights in, or control over a company listed without making a public issue, on the 3 [ Innovators Growth Platform ] of a recognised stock exchange.] *************** NOTES:- 1 Substituted by the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013, for the full stop. 2 Proviso substituted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2015, w.e.f. 14-8-2015. Prior to its substitution, said Proviso, as inserted by the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013, w.e.f. 8-10-2013, read as under : Provided that these regulations shall not apply to direct and indirect acquisition of shares or voting rights in, or control over a company listed on the institutional trading platform of a recognized stock exchange 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/19 dated 05-05-2021 before it was read as institutional trading platform