sebi:WTM/AB/CFD/01/2025-26
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Exemption granted
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
- s. 62(4)
Regulations
- Reg. 3
- Reg. 10
- Reg. 3(1)
- Reg. 11(5)
- Reg. 10(1)(i)
Holding
SEBI granted exemption to the Government of India from complying with Regulation 3(1) open offer requirements for the proposed acquisition of 36,95,00,00,000 equity shares of Vodafone Idea Limited, taking its holding from 22.60% to approximately 48.99% on a post-acquisition basis.
Full text
__________________________________________________________________________________________ Exemption Order in the matter of Vodafone Idea Limited Page 2 of 10
__________________________________________________________________________________________ Exemption Order in the matter of Vodafone Idea Limited Page 3 of 10
__________________________________________________________________________________________ Exemption Order in the matter of Vodafone Idea Limited Page 4 of 10
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Source: SecMarx — sebi:WTM/AB/CFD/01/2025-26. 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.