SEBI Takeover Regulations contains provisions as to Exemption from Takeover Panel of Securities and Exchange Board of India from compliance of Open Offer requirement. As per this scheme, where, on an acquisition of shareholding or control over a Company, any acquirer is obligated to make public announcement of offer and he is not subject to automatic exemption of offer, he can make an application to Takeover Panel for grant of exemption having regard to the special circumstances of its case.

In this regard, we have attained the trusted position and proven expertise to procure Takeover exemption in various cases. Our offerings in this arena consist of following:

• Analysis and understanding of the facts and circumstances of the case,
• Structuring of the case before making an application for exemption
• Finalization of Grounds of Exemption in consultation with Client
• Drafting of Exemption Application
• Follow-up with SEBI for procurement of order
• Submission of replies to Queries received from SEBI
• Representation before SEBI
• Any other task, as may be necessary, for procurement of Exemption Application.