Substantial Acquisition

Acquisition of 5% or more shares in a listed company triggering disclosure under SEBI Takeover Code Regulation 29, and acquisition of 25% or more triggering mandatory open offer requirements.

Substantial Acquisition is significant under SEBI because it refers to: Acquisition of 5% or more shares in a listed company triggering disclosure under SEBI Takeover Code Regulation 29, and acquisition of 25% or more triggering mandatory open offer requirements.

Substantial Acquisition under SEBI applies to companies, professionals, and individuals involved in SEBI-related compliance and regulatory matters in India. Specifically: Acquisition of 5% or more shares in a listed company triggering disclosure under SEBI Takeover Code Regulation 29, and acquisition of 25% or more trig...