Glossary term
Substantial Acquisition of Shares & Takeovers Regulations, 2011
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Commonly known as the "Takeover Code," these regulations oversee the acquisition of shares and control in listed companies. They ensure fair treatment of shareholders during takeovers and mandate necessary disclosures.
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Known as the "Takeover Code," these regulations regulate acquisition of significant equity or control in listed companies. They specify thresholds (e.g., 25%), mandatory open offers, acquisition pricing norms, and procedural disclosures to protect minority shareholders and ensure transparent, equitable takeover processes.