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SEBI eases norms for substantial acquisition of shares under Takeover regulations

June 5, 2018
The SEBI has amended the SEBI (Substantial Acquisition of shares and Takeovers) Regulation, 2018 wherein it has been specified that the acquisition pursuant to a resolution plan approved under section 31 of the Insolvency and Bankruptcy Code, 2016 shall be exempted from the obligation under the provisions of Takeover Regulations
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