TMI BlogIncrease of shareholding beyond 55% - violation of Section 11 of the Takeover Regulations, 1997 - the...Increase of shareholding beyond 55% - violation of Section 11 of the Takeover Regulations, 1997 - the default is inadvertent, technical and, in any case, unintentional - quantum of penalty reduced. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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