Current legal position
Current consolidated record last amended on 5 December 2025.
Source review: 5 December 2025
SEBI Hub › Source maps › SAST
Publication control:
noindex,follow. The official consolidated Regulation is controlling. The table below maps the current professional control guides; it is not a verbatim reproduction or a substitute for the numbered legal text.Official source chain
Closure status
SOURCE ANCHORED
Principal current source and grouped control map linked. Full regulation-by-regulation proviso, explanation, footnote and Schedule extraction remains open.
Grouped numbered-control map
| # | Control route | Decision purpose | Numbered anchors recorded in current guide |
|---|---|---|---|
| 1 | Definitions, control and persons acting in concert | control and persons acting in concert | Finin2min Fin in2min Knowledge SEBI Hub Priority Regulations Calculators SAST · R-01 Definitions, control and persons acting in concert Apply Regulation 2 to control, acquisition, voting rights, PAC relationships and indirect h | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 2 | Mandatory and voluntary open-offer triggers | Apply Regulations 3–6 to initial thresholds, creeping acquisition, control, indirect acquisition and voluntary offers | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 3 | Exemptions and transaction conditions | Apply Regulation 10 and other exemptions only when every condition, disclosure and timing requirement is met | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 4 | Public announcement and offer timetable | Apply Regulations 13–18 to announcement, detailed statement, letter of offer, escrow and schedule | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 5 | Offer price, size and funding | Apply Regulations 20–22 to price, size, conditionality, competing offers and funding certainty | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 6 | Merchant banker and acquirer obligations | Apply Regulation 24 and related provisions to diligence, funding, announcements, compliance and completion | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 7 | Target company and independent directors | Apply Regulations 25–26 to board conduct, competing actions, recommendations and shareholder information | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 8 | Disclosures and encumbrances | Apply Regulations 29–31 to acquisition/disposal, continual holdings, encumbrance and promoter-group reporting | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 9 | Documents, formats and exchange filing | Use the current PA, DPS, letter, recommendation and disclosure formats with one event chronology | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |
| 10 | Amendment, enforcement and later treatment | Apply the event-date text, SEBI exemptions/orders, SAT/Supreme Court treatment and enforcement consequences | Regulations 3–6, 10, 13–18, 20–26 and 29–31 |