Photo of Vidya Sunderam

Senior Associate in the General Corporate Practice at the Delhi office of Cyril Amarchand Mangaldas. Vidya specializes in advising Indian and foreign clients on various corporate and commercial matters including company laws, securities laws, and foreign exchange laws; drafting transaction documents for various M&A deals; and drafting commercial contracts for various corporate assignments. She can be reached at vidya.sunderam@cyrilshroff.com

Amendments to the SEBI Delisting Regulations – A Welcome Move

 

Pursuant to the discussion paper on delisting of equity shares floated by the Securities and Exchange Board of India (SEBI) on July 26, 2018, SEBI has recently amended the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (Delisting Regulations) and has accordingly notified the Securities and Exchange Board of India (Delisting of Equity Shares) (Second Amendment) Regulations, 2018 (Amended Delisting Regulations) on November 14, 2018. The aim of the amendment is to plug loopholes in the delisting process considering the interests of the promoters/acquirers and public shareholders. Continue Reading Amendments to the Delisting Regulations – A Welcome Move