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Securities Markets Order, 2013 · s 148
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Securities Markets Order, 2013 · s 148
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Any person who, acting alone or with others, acquires in excess of 5
percent of the ownership of the outstanding voting securities of a listed or publicly traded company must, within 2 days after such acquisition, submit to the
Authority and to the appropriate securities exchange, notice in such form as may be determined by the Authority.
Any changes in beneficial ownership of such a person exceeding one percent of the outstanding voting securities must be reported within 2 days of such change.