SEBI Takeover Amendment 2025: Restructuring The Foundations Of Corporate Dominance
- IJLLR Journal
- Apr 25
- 1 min read
Shaikh Naiyara Ateeque, LLM (Business Law), New Law College, Bharti Vidyapeeth University, Pune
Dr. Anuradha Girme, Assistant Professor, Law Department, New Law College, Bharti Vidyapeeth University, Pune
ABSTRACT
The regulation of corporate takeovers sits at the intersection of securities law, company law, and market governance. In India, the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, known as the Takeover Code, has been the foundation of this regulatory framework for over a decade. The said Regulation was notified on December 3, 2025, the Securities and Exchange Board of India (SEBI) made significant amendments with the SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2025. The main goal of the aforementioned regulations was to establish independent valuation, tighten disclosure requirements, and reduce structural ambiguities that allowed acquirers to exert excessive influence over pricing in open offers. This article provides a thorough examination of the amended framework. It traces its legislative history, looks at its key provisions, assesses its impact on different types of acquirers, outlines the procedural obligations it creates, and critically evaluates how well the reforms protect minority shareholders and address regulatory theory. The article concludes with recommendations to further improve the takeover regime in India.
