Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in ICSI exams

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011  

SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 replacing the Takeover Regulations namely SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

A copy of the new Takeover Regulations is uploaded on the Home page of ICSI Website under the head ‘From the Government/ Regulators’ for reference.

 Students are advised to note as under

1. For December 2011 Examination SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 shall be applicable.

2. For June, 2012 Examination SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011   shall be applicable.

Related posts:

1. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (The Regulations)
2. SEBI – Request for “Interpretive Letter” under the SEBI (Informal Guidance) Scheme, 2003 regarding acquisition of shares by promoters under regulations 11 (1) and 11 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (SAST
3. ICAI’s Comments on Draft Regulations for Sebi (Substantial Acquisition of Shares and Takeover Regulations), 2010
4. Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and consequential amendments to Clause 35 of the Equity Listing Agreement
5. New SEBI guideline on Substantial Acquisition of Shares and Takeovers