Takeover & insider trading
This query is : Resolved
29 October 2013
Sir/Madam,
how many disclosure to be made to ROC or Stock Exchange or Sebi if promoter groups holding exceeds 26% in a company or exceeds 5% change during the year..???
Please tell me its urgent...
how many disclosure to be made to ROC or Stock Exchange or Sebi if promoter groups holding exceeds 26% in a company or exceeds 5% change during the year..???
Please tell me its urgent...
29 October 2013
Hi
You will made the following disclosure if promoter hold shares more than 26% or any changes:
1. Disclosure under Regulation 13(3) of the SEBI (Prohibition of Insider Trading) Regulations, 1992
2.Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011
You will made the following disclosure if promoter hold shares more than 26% or any changes:
1. Disclosure under Regulation 13(3) of the SEBI (Prohibition of Insider Trading) Regulations, 1992
2.Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011
29 October 2013
Sir, Thanks A lot.
Tell me one more thing is there any requirement to make public announcement for open offer?
Tell me one more thing is there any requirement to make public announcement for open offer?
29 October 2013
It is mandatory to make public announcement. Read SEBI (ICDR) Regulation, 2009.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Form 121 & TDS deduction
- Copyright software
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
