INDIA
📢

Open Offers & Takeover Code

Oblatio Publica

SEBI Takeover Code compliance — open offer documentation, regulatory filings, competing bid advisory, and shareholder communication.

Home Practice Areas Capital Markets & Securities Open Offers & Takeover Code

What We Do

Acquisitions of shares in listed companies that cross prescribed thresholds trigger mandatory open offer obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. We provide comprehensive advisory on trigger identification, open offer structuring, documentation, regulatory filings, and execution — for both acquirers and target companies.

Our Services

Trigger analysis — identifying open offer obligations
Public Announcement and Detailed Public Statement drafting
Letter of Offer preparation
SEBI filing and observation management
Manager to the Offer coordination
Escrow account and financial arrangement structuring
Competing offer strategy and defence advisory
Exemption applications under Regulation 11

For Target Companies

Board of Directors' recommendation/opinion
Independent director committee advisory
Shareholder communication strategy
Defence mechanism evaluation
Valuation and fairness opinion coordination

Related Services

"Consilium fidele, eventus certus"

Need Assistance with Open Offers & Takeover Code?

Schedule Consultation Back to Capital Markets & Securities