Overview of sebi takeover regulations, 2011 - TakeoverCode.com
Overview of sebi takeover regulations, 2011 - TakeoverCode.com
Overview of sebi takeover regulations, 2011 - TakeoverCode.com
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UNANSWERED ISSUEMeaning <strong>of</strong> Term Negative Control and the applicability <strong>of</strong> SEBI TakeoverRegulations on the same?Exemption Rejected in the matter <strong>of</strong> acquisition <strong>of</strong> shares <strong>of</strong> DaikaffilChemicals India Limited (Order dated 14.02.2007)• Acquirer Proposes to acquire 25.10% voting rights through PreferentialAllotment.• Increase in shareholding from Nil to 25.10%.• Exemption Rejected as the acquirer will acquire Negative Control over theCompany.11/09/2012