SEBI CIRCULAR
CIR/CFD/POLICYCELL/3/2015, August 05, 2015
To
All Recognised Stock Exchanges
All Registered Merchant Bankers
Dear Sir/Madam,
Sub: Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations).
1. The formats for the reports/disclosures to be filed under the Regulations have been prescribed by SEBI vide circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23 dated September 23, 2011, SEBI/CFD/DCR/SAST/ 2/2011/10/20 dated October 20, 2011and CIR/CFD/POLICYCELL/11/2013 dated October 21, 2013.
2. In order to ensure that adequate disclosures are made to help investors in taking an informed decision, it has been decided to modify the formats for disclosures under regulation 31of the Regulations.
3. The format for disclosuresunder regulation 31(1)/(2)of the Regulations is placed as Annexure-1.
4. A copy of this circular and the above stated formats are available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Takeovers.
5. This Circular shall come into force with immediate effect.
Yours faithfully,
Amit Tandon
Deputy General Manager
+91-22-26449373
amitt@sebi.gov.in
To visit the complete circular, please click the below link:
Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations)