Circulars to Listed Companies

 

 
DCS/COMP/07/2015-16                                                                      August 06, 2015
 
 
 
Dear Sir/Madam,
 
Sub:  Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations).
 
 
Securities and Exchange Board of India has issued a Circular no.  CIR/CFD/POLICY CELL/3/2015 dated August 05, 2015 regarding the captioned matter.
 
 
 
The said SEBI Circular includes the revised format for disclosures under regulation 31(1)/ (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations).
 
The companies may note that the changes in the format are as under :
 
Exclusion:
 
Promoter holding in the target company (1) - % w.r.t. diluted share capital (*) column.
 
Inclusion:
 
Details of events pertaining to encumbrance (3) - Reasons for encumbrance **.
 
 
Listed Companies are required to take note of the said circular and comply accordingly.  
 
 
 
 
Netra Sahani                                                                           Abhijit Pai
DGM - Listing Compliance                                                    AGM – Listing Compliance