Section 15H: Penalty for non-disclosure of acquisition of shares and takeovers

Q: What does Section 15H of The Securities and Exchange Board of India Act, 1992 (SEBI Act) deal with?

Section 15H SEBI Act pertains to "Penalty for non-disclosure of acquisition of shares and takeovers". It is part of the The Securities and Exchange Board of India Act, 1992, a legislation enacted by the Parliament of India. Section 15H of The Securities and Exchange Board of India Act, 1992 (SEBI Act) prescribes penalty for non-disclosure of acquisition of shares and takeovers. As verified on 19 May 2026.

Q: Is Section 15H SEBI Act still in force?

Yes, Section 15H of the The Securities and Exchange Board of India Act, 1992 is currently in force across the Republic of India.

Q: What is धारा 15H SEBI Act?

धारा 15H SEBI Act is the Devanagari Hindi reference for Section 15H of the The Securities and Exchange Board of India Act, 1992. Section 15H of The Securities and Exchange Board of India Act, 1992 (SEBI Act) prescribes penalty for non-disclosure of acquisition of shares and takeovers. As verified on 19 May 2026.

Q: What is Dhara 15H SEBI Act?

Dhara 15H SEBI Act is the Roman Hindi reference for Section 15H of the The Securities and Exchange Board of India Act, 1992. "Dhara" means "Section" in Hindi. Section 15H of The Securities and Exchange Board of India Act, 1992 (SEBI Act) prescribes penalty for non-disclosure of acquisition of shares and takeovers. As verified on 19 May 2026.

Q: How to cite Section 15H of The Securities and Exchange Board of India Act, 1992?

Cite as: "Section 15H, The Securities and Exchange Board of India Act, 1992 (SEBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Securities and Exchange Board of India Act, 1992, § 15H (India).

Law on Tips Editorial Board

If any person, who is required under this Act or any rules or regulations made thereunder, fails to,—

(i) disclose the aggregate of his shareholding in the body corporate before he acquires any shares of that body corporate; or

(ii) make a public announcement to acquire shares at a minimum price; or

(iii) make a public offer by sending letter of offer to the shareholders of the concerned company; or(iv) make payment of consideration to the shareholders who sold their shares pursuant to letter of offer,