JSA is a leading national law firm in India with over 400 professionals operating out of 7 offices located in: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi.
Our practice is organised along service lines and sector specialisation that provides legal services to top Indian corporates, Fortune 500 companies, multinational banks and financial institutions, governmental and statutory authorities and multilateral and bilateral institutions.
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SEBI, vide notification dated May 17, 2024, has issued
the SEBI (Substantial Acquisition of Shares and Takeovers)
(Amendment) Regulations, 2024. Pursuant to the amendment, while
determining the offer price, the effect on the price of the equity
shares of the target company due to material price movement and
confirmation of reported event or information may be excluded as
per the framework specified under Regulation 30 (11) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations,
2015.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
