Regulation 22A - Disclosures, filing requirements and timelines for public announcement: - Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018

1 [Disclosures, filing requirements and timelines for public announcement: 22A (i) The company, which has been authorised by a special resolution or a resolution passed by its Board of Directors, as the case may be, shall appoint a merchant banker and make a public announcement within two working days from the date of the approval of Board of Directors or of the shareholders, as the case may be. (ii) The disclosures in the public announcement shall be made in accordance with Schedule II. (iii) The book building process shall commence within seven working days from the date of the public announcement. (iv) The public announcement shall contain the detailed methodology pertaining to intimation required to be made prior to the opening of the buy-back offer as specified in Schedule VI . ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/120 dated 07-02-2023 , w.e.f. thirtieth day from the date of their publication in the Official Gazette.