sebi:WTM/SM/CFD/40/2021-22
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 to J J R Family Trust from complying with regulations 3(1) and 5(1) read with regulation 4 of the Takeover Regulations, 2011, subject to conditions; Application dated June 08, 2021 disposed of.
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
Regulations
- Reg. 4
- Reg. 3
- Reg. 31
- Reg. 11(5)
Holding
SEBI granted exemption to J J R Family Trust from the obligation to make an open offer under regulations 3(1) and 5(1) read with regulation 4 of the Takeover Regulations, 2011 in respect of the proposed direct and indirect acquisition of shares in Capri Global Capital Limited, subject to conditions.
Full text
_____________________________________________________________________________________________ Order in the matter of Capri Global Capital Limited Page 1 of 11
_____________________________________________________________________________________________ Order in the matter of Capri Global Capital Limited Page 2 of 11
_____________________________________________________________________________________________ Order in the matter of Capri Global Capital Limited Page 3 of 11
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Source: SecMarx — sebi:WTM/SM/CFD/40/2021-22. 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.