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SEBI - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Violation of the Takeover Regulation - holding increased from 24. ...

SEBI

May 16, 2019

Violation of the Takeover Regulation - holding increased from 24.74% to 25.04% - violation of the Takeover Regulation is only to the extent of 0.04% and that too due to transfer of shares between the promoters via open market - direction of the WTM to make public announcement to acquire shares would be disproportionate - directed to transfer 0.04 % shares through open market

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