What is Substantial Acquisition Of Shares And Take-Over (SEBI) Video Lectures

What is Substantial Acquisition Of Shares And Take-Over (SEBI) Video Lectures | CS Executive

In the following Video Lecture we cover all the ‘Basic Concepts of SEBI Takeover Code’ from CS Executive Corporate Restructuring, Valuation and Insolvency is explained.

Basic Concepts of SEBI Takeover Code

Acquirer: Any individual who acquires or is interested in obtaining (i.) the target company's shares, (ii) voting rights, or (iii) control.

The acquirer can be a natural or artificial person, such as an individual, a foreign or Indian firm, a publicly traded or unlisted company.

Persons Acting In Concert (PAC)

PAC is the persons who join hands with the acquirer to acquire the shares or voting rights or control of the target company.

Target Company

Target company means Listed Indian Company (or a Listed Indian body corporate or corporation established under a Central legislation, State legislation or Provincial legislation) whose shares/voting rights/control is being acquired by the acquirer or PAC.

Note: SEBI Takeover Code applies ONLY IF the target company is Listed Indian Company or a Listed Indian body corporate or corporation established under a Central legislation, State legislation or Provincial legislation.

Disclosure Levels

Whenever acquirer along with PAC acquires 5% or more shares in the target company, the acquirer shall compulsorily inform the Board of Directors of the concerned Target Company and the concerned Stock Exchange where Target Company is listed, within maximum 2 working days of such acquisition.

This disclosure is like an alarm bell to the promoters of the target company that an outsider has acquired a significant stake in their company. It’s an indication that the promoters should increase their stake in their own company to prevent the company from a hostile takeover.

Further, any acquirer along with PAC who has acquired 5% shares in the target company, SHALL DISCLOSE every acquisition or disposal of shares of such target company representing more than 2% of the shares or voting rights in such target company.

We hope you found the information presented in this CS Executive Video Lectures to be helpful. Wishing you the best of success with your next examinations! For more video lectures, Subscribe our YouTube channel (CS Executive Video/online).

Or Read this related topic Basic Concepts of SEBI Takeover Code here.

CS Executive Online Classes are available at Takshila Learning via CS Executive Video Lectures and Online Tuition Classes. Prepare for the CS Executive Exam right now from the comfort of your own home with us. Call us now at 8800999280/83/84 to schedule a demo.

Last Minute Tips to Crack SSC CGL 2019-20 (Tier-I) Exam

Last-Minute Tips to Crack SSC CGL 2019-20 (Tier-I) Exam 1. Don’t read any new topic at the last moment · Try to avoid studying any new topic at the last moment. Just revise what you have already studied. 2. Don’t forget your Admit Card, Photograph and ID Proof · Take a print out of your admit card and original photo identity proof, 1 photo and photocopy of the ID proof. Reach the examination center before time to avoid any last-minute trouble. 3. Maintain your Speed & Accuracy and Maximize your Score · Speed and Accuracy are two important factors to crack any competitive exam. Speed will help in maximizing the attempts while accuracy will ensure that you don’t end up losing marks as the negative marking of 0.5 marks for wrong answers is there. 4. Attempt according to the strategy you followed in the mock tests · Make sure you attempt the easier section first. The exam should be attempted with the same strategy you fol...

Online cbse coaching class for 11 Mathematics

Online cbse Class 11 maths : Online coaching classes for 11 maths and for other subjects. We are here to solve students problem instantly, So that they can improve himself/herself. One to One Correspondence and Equivalent Sets Suppose the members of the family are dinning and plates are prepared on the table then there is a One to one correspondence between the set of family members and the plates prepared. We will indicate this correspondence by the symbol If each element of a set A is associated with one and only one element of a set B and each element of B is associated with one and only one element of set A, then the sets A and B are said to be in one to one correspondence. If both the sets are finite and if they are in one to one correspondence, it is obvious that they have the same number of elements. If two sets have the same number of elements, they are said to be equivalent sets. Using symbol, we write A B. Between two equivalent sets, a one to one corr...

Digital marketing course online and class

Digital marketing course online and class Students and professionals, both are searching for the digital marketing courses . Generally, the problem occurs in selecting the best digital marketing course is – as students and professionals, both have different requirements. Few search for a regular course, some want an additional qualification, or just to improve their skills. On the other hand, every institute has its own pros and cons, learner requirements are not easily matched with the institute’s pattern and regulations. So, they are willing to join some online course as they can learn anytime and anywhere. In India, another challenge is language. Like in North India, Majority of students understands Hindi and they want to do a digital marketing course in Hindi. Finding a good trainer who can teach you in Hindi is very difficult. But this type of course, practical knowledge and getting answers to questions, from a trainer is not so easy. Continue .... ...

Takshila Learning - Online Tutorials

Search This Blog