SEBI: Regulation 10(4)(f) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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This document contains editable Format in terms of Regulation 10(4)(f) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to be given by the promoters in case of acquisition of shares in a target company from a venture capital fund or a foreign venture capital investor registered with the Board pursuant to an agreement between such venture capital fund or foreign venture capital investor and such promoters, making it handy for use and compliance.
Regulation 10(4)(f) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Acquisition of shares in a target company from a venture capital fund or a foreign venture capital investor registered with the Board, by promoters of the target company pursuant to an agreement between such venture capital fund or foreign venture capital investor and such promoters.
In this case the promoter is exempted from the obligation to make an open offer
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