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SEBI - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Increase of shareholding beyond 55% - violation of Section 11 of ...

SEBI

May 22, 2019

Increase of shareholding beyond 55% - violation of Section 11 of the Takeover Regulations, 1997 - the default is inadvertent, technical and, in any case, unintentional - quantum of penalty reduced.

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