0122-2017 Birla Corporation Ltd vs Securities and Exchange Board of India and Others

SAT · Final order

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Full text

[Explanation.—For the purposes of sub- regulations (1) and (1A), the term ‘acquirer’ shall include a pledgee, other than a bank or a financial institution and such pledgee shall make disclosure to the target company and the stock exchange within two days of creation of pledge.] (2) The disclosures mentioned in sub-regulations (1) [and (1A)] shall be made within [two days] of,—

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

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Source: SecMarx — 0122-2017 Birla Corporation Ltd vs Securities and Exchange Board of India and Others. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.