On 6 August 2021, IND SEBI board said it has decided to do away with certain disclosure obligations for the acquirers/promoters pertaining to acquisition or disposal.

• This is acquisition or disposal of shares aggregating to 5% and change of 2% after, annual shareholding disclosures and creation/invocation/release of encumbrance registered in depository systems under takeover regulations w.e.f. 1 April 2022.
• These relaxations have been done due to implementation of system driven disclosures, where relevant disclosures are disseminated by the stock exchanges without humans.
• The SDD for the said disclosures is already in place and runs parallel with the submission of physical disclosures under the takeover regulations.