Shobhit Uppal

SAT-appeal

• Acquisition of shares exceeding the applicable 5% threshold by acquirers and persons acting in concert without making the required public announcement under the SAST Regulations.
  Common order disposing of 14 appeals; operative appellate outcome is not included in the supplied text.
  Appeal: Appeal Nos. 470, 471, 472, 474-479, 481-485 of 2015 heard together; final disposal portion is absent from the supplied text.
• Acquisition of shares exceeding 5% creeping limit by persons holding 15% to 75% without making public announcement under Reg 11 read with Reg 14 of SAST Regulations, 1997
  Appeal: 14 appeals Nos. 470, 471, 472, 474, 475, 476, 477, 478, 479, 481, 482, 483, 484, 485 of 2015 heard together and disposed by common SAT order dated 14.10.2016
• Creeping acquisition exceeding 5% in 12 months by persons holding 15%-75% without public announcement under Reg 11 read with Reg 14 SAST Regulations, 1997.
  Appeal: Appeal Nos. 470,471,472,474,475,476,477,478,479,481,482,483,484,485 of 2015 disposed by common SAT order dated 14.10.2016