sebi:WTM/SKM/CFD/38/2021-22
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Facts / Headnote
Exemption granted; application disposed of
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
- s. 25
Regulations
- Reg. 3
- Reg. 10
- Reg. 11(1)
- Reg. 3(3)
- Reg. 201
- Reg. 3(2)
- Reg. 10(1)(a)
- Reg. 11(5)
- Reg. 11(3)
Holding
SEBI granted Heineken International B.V. exemption from the obligation to make an open offer under regulation 3(2) read with regulation 3(3) of the Takeover Regulations, 2011 in respect of its proposed acquisition of up to 3,96,44,346 equity shares (approximately 14.99%) of United Breweries Ltd. from the Recovery Officer of the Bangalore DRT.
Full text
________________________________________________________________________________________________ Order in the matter of United Breweries Ltd. Page 1 of 14
________________________________________________________________________________________________ Order in the matter of United Breweries Ltd. Page 2 of 14
________________________________________________________________________________________________ Order in the matter of United Breweries Ltd. Page 3 of 14
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Source: SecMarx — sebi:WTM/SKM/CFD/38/2021-22. 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.