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SEBI eases norms for substantial acquisition of shares under Takeover regulations

June 5, 2018
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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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