Question

The SEBI (Substantial Acquisition of Shares and

Q: Answer-The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Code”) regul...

SEBI SAST Regulations govern the direct and indirect acquisition of shares, voting rights and control of listed companies only. The unlisted companies acquisition falls under the purview of Companies Act 2013

Takeovers) Regulations, 2011 (“Takeover Code”) regulates

A The direct acquisition of shares, voting rights and control in listed companies that are traded over the stock market.

B Both the direct and indirect acquisition of shares, voting rights and control in listed companies that are traded over the stock market

C The direct acquisition of shares, voting rights and control in listed or unlisted companies

D Both the direct and indirect acquisition of shares, in listed or unlisted companies

E All of the above

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The SEBI (Substantial Acquisition of Shares and

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