Answer-Under the SEBI (SAST) Regulations, 2011 and the SEBI (LODR) Regulations, 2015 read with them, a shar...

Under Regulation 29 of the SEBI SAST Regulations, 2011, read with the initial and continuous disclosure obligations, a person who acquires shares or voting rights to the extent of FIVE PER CENT 5 or more of a listed companys shares, or voting rights in excess of such thresholds, must make the prescribed disclosure to the company and the stock exchanges the disclosure is repeated at the ten per cent 10 level and on every subsequent change, as the regulations prescribe. This 510 disclosure obligation is distinct from the 25 open-offer trigger. Early disclosures promote transparency in stake-building.

Question

Under the SEBI (SAS

R Regulations, 2015 read with them, a shareholder is required to make a DISCLOSURE to the target company and the stock exchanges when his shareholding/ voting rights cross the ___% threshold:
T Regulations, 2011 and the SEBI (LOD