SEBI observes Irregularities in Acquisition of Shares under SAST Regulations

Securities and Exchange Board of India (SEBI) has not observed any irregularities in acquisition of shares by promotes in open offers. However, SEBI has observed instances where promoters have acquired shares without fulfilling the obligation to make an open offer. The data regarding the total number of cases where violation of SEBI (Substantial Acquisition of… Read More

Tags: Exchange Board of India, Lok Sabha, SAST, SEBI, Securities and Exchange Board of India, Share (finance), South African Standard Time, Takeover