(1) These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
(2) These regulations shall come into force on the thirtieth day from the date of their publication in the Official Gazette.
(3) These regulations shall apply to direct and indirect acquisition of shares or voting rights in, or control over target company 1[:]
2[Provided that these regulations shall not apply to direct and indirect acquisition of 1 Substituted by the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013, for the full stop.
Page 2 of 68 shares or voting rights in, or control over a company listed without making a public issue, on the institutional trading platform of a recognised stock exchange.]
Definitions.