Regulation 281A - Post-listing exit opportunity for dissenting shareholders - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018

1 [Post-listing exit opportunity for dissenting shareholders 281A . The promoters or shareholders in control of an issuer shall provide an exit offer to dissenting shareholders as provided for in the Companies Act, 2013 in case of change in objects or variation in the terms of contract related to objects referred to in the offer document as per the conditions and in the manner provided in Schedule XX : Provided that the exit offer shall not apply where there are neither any identifiable promoters nor any shareholders in control of the issuer. ] *************** NOTES:- 1. Inserted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification)