Wednesday May 4 2016

News Source: Global Disclosures

Focus: Takeover and Acquisition

Type: General

Country: India




The Securities and Exchange Board of India (SEBI)  has prescribed a new format for reports to be furnished to Stock Exchanges under Regulation 10(5) of the SEBI (Substantial Acquisitions and Takeovers) Regulations, 2011 in respect of acquisitions made under regulation 10(1)(a) of the regulations.

While filing reports under Chapter V of the regulations the acquirers are now required to report compliance for a period of 3 years.

Please click on the above link for further details including the updated reporting templates