Issue of Capital and Disclosure Requirements Regulations

Flashback 2021

The year 2021 saw 81 tender offers aggregating to INR 43,602 crore for acquisition of shares of publicly traded companies in India under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Takeover Regulations)[1]. This is higher in terms of both value and number when compared to the pandemic-hit 2020 and the pre-pandemic 2019. During this period, strategic players took centre-stage in driving deal activities, making 78 out of 81 tender offers.Continue Reading Takeover of Publicly Traded Companies: Flashback 2021