SAST Regulations definition

SAST Regulations means the Securities and Exchange of Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended from time to time;
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SAST Regulations means the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
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SAST Regulations means the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended or replaced;
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Examples of SAST Regulations in a sentence

  • The Acquirer, the PAC and the Acquirer’s directors shall be responsible for fulfillment of applicable obligations under the SEBI (SAST) Regulations.

  • Pursuant to the Offer Escrow Agreement, the Acquirer has opened a cash escrow account with account number 000405112701 (the “Offer Escrow Account”) with the Escrow Agent and deposited a sum of INR 91,598,200 (Indian Rupees Ninety one million five hundred ninety eight thousand and two hundred) in the Offer Escrow Account, which is more than the amount required under Regulation 17(1) of the SEBI (SAST) Regulations (i.e. 25% of the Maximum Consideration).

  • The Manager to the Offer has been authorized by the Acquirer to operate and realize the monies lying to the credit of the Offer Escrow Account in terms of the SEBI (SAST) Regulations.

  • In case of the delay, due to non receipt of statutory approvals, as per Regulation 22(12) of the SEBI (SAST) Regulations, 1997, SEBI may, if satisfied that the non-receipt of approvals was not due to willful default or negligence or failure to diligently pursue such approvals on the part of the Acquirers, grant an extension for the purpose of completion of the Offer subject to the Acquirers paying interest to the shareholders, as may be specified by SEBI.

  • Further, post completion of the Open Offer, no acquirer will individually hold more than 14.99% Equity Shares in the Target Company, accordingly, regulation 10 of SEBI (SAST) Regulations, 1997 is not applicable.

  • The Acquirer, the PAC and their directors in their capacity as the directors, accept full responsibility for the information contained in the PA, and this DPS (other than such information as has been obtained from public sources or provided or confirmed by the Target Company) and shall be jointly and severally responsible for the fulfillment of obligations under the SEBI (SAST) Regulations in respect of this Open Offer.

  • On the basis of the aforesaid financial arrangements and the Chartered Accountants’ Certificate, the Manager is satisfied about the ability of the Acquirer to implement this Offer in accordance with the SEBI (SAST) Regulations and confirms that adequate funds are available with the Acquirer through verifiable means to implement this Offer.

  • The Offer is being made by the Acquirers and PACs pursuant to regulation 11(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereof (SEBI (SAST) Regulations, 1997) for Consolidation of Holdings.

  • Place: New Delhi Date: February 18, 2011 12.1. Form of Acceptance cum Acknowledgement 12.2. Form of Withdrawal cum Acknowledgement 12.3. Blank Share Transfer Deed(s) Status of compliance with the provisions of Chapter II of the SEBI (SAST) Regulations, 1997 by the ▇▇.

  • Hence, it is alleged that without trading of Noticee No. 1 to 3 and 14 to 33 in the shares of RSGBL, the equity shares of RSGBL would not have qualified as frequently traded shares in terms of Regulation 2(1)(j) of SEBI (SAST) Regulations, 2011.

Related to SAST Regulations

  • WHFIT Regulations Treasury Regulations section 1.671-5, as amended.

  • CREST Regulations means the Uncertificated Securities Regulations 2001 (SI 2001 No. 01/378), as amended.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • UCITS Regulations means the European Communities (Undertakings for Collective

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);