TMI BlogDisclosure of acquisition and disposalX X X X Extracts X X X X X X X X Extracts X X X X ..... any, which taken together aggregates to five per cent or more of the shares of such target company, shall disclose their aggregate shareholding and voting rights in such target company in such form as may be specified. ] 3 [ Provided that in case of listed entity which has listed its specified securities on Innovators Growth Platform, any reference to five per cent shall be read as ten pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per cent shall be read as ten per cent and any reference to two per cent shall be read as five per cent . ] (3) The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within two working days of the receipt of intimation of allotment of shares, or the acquisition 2 [or the disposal] of shares or voting rights in the target company to,- (a) every stock ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lation (2) read as under: (2) Any acquirer, who together with persons acting in concert with him, holds shares or voting rights entitling them to five per cent or more of the shares or voting rights in a target company, shall disclose every acquisition or disposal of shares of such target company representing two per cent or more of the shares or voting rights in such target company in such fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... target company in such form as may be specified. 6. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/46. Dated 13-08-2021 w.e.f. 01-04-2022 before it read was, Any person, who together - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI ..... X X X X Extracts X X X X X X X X Extracts X X X X
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