v  Acquirer together with Persons acting in concert acquires 5% or more in aggregate of the shares or voting rights of the target company (together with the existing shares or voting rights held by them)

v  Acquirer together with Persons acting in concert holding 5% or more in a target company shall disclose every acquisition or disposal of shares representing 2% or more of the shares or voting rights.

DISCLOSURE TO THE:

• Stock Exchange &
• Target Company 

TIME LIMIT FOR DISCLOSURE:

Within 2 working days of the receipt of intimation of allotment of shares or acquisition of shares or voting rights.