Informal Guidance request received from Ambo Agritec Limited with respect to Regulation 3(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011

SEBI has released an informal guidance on the applicability of Regulation 3(2) under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding acquisition thresholds and open offer obligations.