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TMI BlogSecurities and Exchange Board of India (Buy-Back of Securities) (Second Amendment) Regulations, 2024X X X X Extracts X X X X X X X X Extracts X X X X ..... IONS, 2024 No. SEBI/LAD-NRO/GN/2024/210 . In exercise of the powers conferred by sub-sections (1) and (2) of section 11 and section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with clause (f) of sub-section (2) of section 68 of the Companies Act, 2013 (18 of 2013) , the Board hereby makes the following regulations to further amend the Securities and Exchange Board ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er excluding financial statements , shall be substituted by the words is lower ; ii. in sub-regulation (iv), in clause (a), - 1. the symbol ; appearing after the words tender offer shall be substituted by the symbol : ; 2. after the existing clause, the following new proviso shall be inserted, namely,- Provided that in case any member of the promoter / promoter group has declared its intention to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed that the relevant details and the potential impact of such subsisting obligations, if any, shall be disclosed in the public announcement. IV. in Schedule II , in the table, in the column titled content , after item (ii), the following new item shall be inserted, namely,- (iii) Disclosures of the relevant details and the potential impact of subsisting obligations, if any, shall be made. V. in Sc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bligations, if any. BABITHA RAYUDU, Executive Director [ADVT.-III/4/Exty./699/2024-25] Footnotes: 1. The Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 were published in the Gazette of India on September 11, 2018 vide notification No. SEBI/LAD-NRO/GN/2018/32. 2. The Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 were subsequentl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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