The SEBI has notified the SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2021 wherein the requirement of continuous disclosure by a person, persons acting in concert, and the promoter of every target company has been dispense with.
(Notification No. SEBI/LAD-NRO/GN/2021/46 dtd. 13th August 2021)