sebi:WTM/KCV/CFD/04/2026-27
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Facts / Headnote
Exemption granted
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
Regulations
- Reg. 4
- Reg. 3
- Reg. 5
- Reg. 2(1)(q)
- Reg. 201
- Reg. 31
- Reg. 11(5)
Holding
Exemption was granted to the Acquirer Trust, viz., IVG Trust, from complying with regulations 3, 4 and 5 of the SAST Regulations, 2011 for the proposed direct and indirect acquisitions in Vadilal Enterprises Limited, subject to conditions and valid for one year.
Full text
__________________________________________________________________________________________ Exemption Order in the matter of Vadilal Enterprises Limited. Page 2 of 17
__________________________________________________________________________________________ Exemption Order in the matter of Vadilal Enterprises Limited. Page 3 of 17 *Note:
__________________________________________________________________________________________ Exemption Order in the matter of Vadilal Enterprises Limited. Page 4 of 17
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Source: SecMarx — sebi:WTM/KCV/CFD/04/2026-27. 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.