sebi:WTM/ASB/CFD/1/2023-24
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Facts / Headnote
Exemption granted; application disposed of
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
Regulations
- Reg. 3(1)
- Reg. 10(1)(a)
- Reg. 31
- Reg. 11(5)
Holding
Exemption was granted to Blue Moon Trust, Moonshot Trust and Starlight Trust from complying with regulation 3(1) of the Takeover Regulations, 2011 for the proposed acquisition by gift of 3,10,02,806 shares (49.44%) of Taj GVK Hotels And Resorts Limited from Mrs. Gunupati Indira Krishna Reddy, subject to conditions.
Full text
_______________________________________________________________________________________________ Exemption Order in the matter of Taj GVK Hotels And Resorts Limited Page 2 of 11
_______________________________________________________________________________________________ Exemption Order in the matter of Taj GVK Hotels And Resorts Limited Page 3 of 11
_______________________________________________________________________________________________ Exemption Order in the matter of Taj GVK Hotels And Resorts Limited Page 4 of 11
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Source: SecMarx — sebi:WTM/ASB/CFD/1/2023-24. 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.