This document contains editable Format of Report to SEBI in respect of any acquisition made in reliance up on exemption provided for in regulation 10(1)(h) of SEBI (SAST) Regulations, 2011, making it handy for use and compliance
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SEBI: Regulation 10(1)(h) of SEBI (SAST) Regulations, 2011
This document contains editable Format of Report to SEBI in respect of any acquisition made in reliance up on exemption provided for in regulation 10(1)(h) of SEBI (SAST) Regulations, 2011, making it handy for use and compliance
Regulation 10(1)(h) of SEBI (SAST) Regulations, 2011
10 (1) The following acquisitions shall be exempt from the obligation to make an open offer under regulation 3 and regulation 4 subject to fulfillment of the conditions stipulated therefore,—
h. acquisition of voting rights or preference shares carrying voting rights arising out of the operation of sub-section (2) of section 87 of the Companies Act, 1956 (1 of 1956).
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