Law · SEBI (SAST) Regulations, 2011
Under Regulation 28(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, how are convertible securities treated for disclosure?
- 1As warrants only
- 2As shares for the purpose of disclosure✓
- 3As derivatives only
- 4Not relevant for disclosures
Correct answer
As shares for the purpose of disclosure
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