At the request of the stakeholders, SEBI further extend the above said validity of relaxation up to 31.12.2020 for open offer and buy back through tender offers.
Relaxations relating to procedural matters –Takeovers and Buy-back
SEBI vide Circular dated 14.05.2020, granted one time relaxation from strict enforcement of certain regulations of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and SEBI (Buy Back of Shares) Regulations, 2018 pertaining to open offers and buy back through tenders offers and buy back through tender offers opening up to 31.07.2020.
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