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Acquisition of control over a company.

ON OF SHARES AND TAKEOVERS) REGULATIONS, 1997 - Regulation 12 - 12. Irrespective of whether or not there has been any acquisition of shares or voting rights in a company, no acquirer shall acquire control over the target company, unless such person makes a public announcement to acquire shares and acquires such shares in accordance with the regulations: Provided that nothing contained herein shall .....

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cquisition of Shares and Takeovers) (Second Amendment) Regulations, 2002, w.e.f. 9-9-2002. 3. Substituted by the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2002, w.e.f. 9-9-2002. Prior to its substitution, Explanation read as under: Explanation.─(i) For the purposes of this Regulation where there are two or more persons in control over the target c .....

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