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SEBI(SAST) REGULATION 2011 | 27.03.2020 | FRIDAY  

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27/03/2020 5:19 pm  

SEBI(SAST) REGULATION 2011 | 27.03.2020 | FRIDAY

SEBI has provided certain relaxation under SEBI ((Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 pandemic.

Key Relaxation:
Regulations 30(1), 30(2) and 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST
Regulations),require the shareholders to compile, collate, and disseminate information of their consolidated shareholding as on March 31, 2020, to the company and the stock exchanges with 15th April i.e seven working days from end of financial year, now this has been extended to June 01, 2020.


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