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TMI BlogSecurities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2020.X X X X Extracts X X X X X X X X Extracts X X X X ..... akeovers) (Second Amendment) Regulations, 2020 No. SEBI/LAD-NRO/GN/2020/19.─ In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, namely:- 1. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er sub-regulation (1) of regulation 3 and regulation 4. Explanation- The above exemption from open offer shall also apply to the target company with infrequently traded shares which is compliant with the provisions of sub-regulations (2), (3), (4), (5),(6), (7) and (8) of regulation 164A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... latform) Regulations, 2013 vide No. LAD-NRO/GN/2013-14/28/6720 c) May 23,2014 by the SEBI (Payment of Fees) (Amendment) Regulations, 2014 vide Notification No. LADNRO/GN/2014-15/03/1089. d) March 24, 2015 by the SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2015 vide No. LAD-NRO/GN/2014-15/28/542. e) May 5, 2015 by the SEBI (Substantial Acquisition of Shares ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gulations, 2017 vide No. SEBI/LAD/NRO/GN/2016-17/037 readwith notification dated March29,2017vide No. SEBI/LAD/ NRO/GN/2016-17/38. k) August 14, 2017 by SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2017 No. SEBI/LAD-NRO/GN/2017-18/015. l) June 01, 2018 by SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2018 No. SEBI/LAD-NRO/GN/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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