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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

BSE - Reiterated of SEBI circular regarding Online Filing System for reports filed under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

21-Mar-2025 | Notice No. 20250321-7

BSE has reiterated SEBI circular regarding Online Filing System for reports filed under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, effective from 20th March 2025. By virtue of this circular, it is notified that an Online Filing System is introduced through the SEBI Intermediary (SI) Portal for the filing of reports of exemptions as provided under Regulation 10(1)(a)(i) and Regulation 10(1)(a)(ii) of Takeover Regulations, earlier the same was required to be filed through email. It is further notified that in the first phase, only the above-mentioned exemption reports shall be filed online, and the restof other reports shall be filed as per the existing email system only. Also, the timelines for the implementation of the mechanism for filing the above reports have been specified which is as below - 1. Filing of reports through SI Portal in respect of exemptions provided for in Regulation 10(1)(a)(i) and Regulation 10(1)(a)(ii) of Takeover Regulations shall run in parallel with the existing system of filing these reports through email till 14th May 2025 starting from 20th March 2025. 2. With effect from May 15, 2025, only the online system for filing these reports through SI Portal shall be the permissible mode for compliance with the aforesaid Regulations. 3. Payment of fees in respect of these two reports shall be enabled through SI Portal, and the process of filing these two reports shall be complete only upon payment of fees through SI Portal. Accordingly, payment of fees through the link available on SEBI website (https://eservices.sebi.gov.in/paymentmodule) shall not be available in respect of these two reports.

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