CAIRR Update November 29, 2024

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CAIRR Update November 29, 2024

29/11/2024

Summary of the SEBI Notification dated 28/11/2024

This notification is integrated in our free-to-use website ca2013.com.

Introduction of SEBI (Attestation of Documents) (Amendment) Regulations, 2024. 

SEBI vide the abovementioned regulations, states that an acquirer, for seeking exemption from making an open offer for acquiring shares, and the target company, for seeking relaxation from strict compliance with any procedural requirement under Chapter III and Chapter IV of the SEBI (SAST) Regulations, can now file only a self-attested application with the Board giving details of the proposed acquisition and the grounds on which the exemption has been sought. The earlier requirement of a supporting duly sworn affidavit has been done away with vide this notification.

Click here to view the SEBI Notification for the entire list of other regulations amended.

By | 2024-12-05T11:44:07+00:00 December 5th, 2024|ca2013.com|0 Comments

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