Section 157: Post-listing exit opportunity for dissenting shareholders

Q: What does Section 157 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) deal with?

Section 157 ICDR Regulations pertains to "Post-listing exit opportunity for dissenting shareholders". It is part of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs post-listing exit opportunity for dissenting shareholders. As verified on 19 May 2026.

Q: Is Section 157 ICDR Regulations still in force?

Yes, Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 157 ICDR Regulations?

धारा 157 ICDR Regulations is the Devanagari Hindi reference for Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs post-listing exit opportunity for dissenting shareholders. As verified on 19 May 2026.

Q: What is Dhara 157 ICDR Regulations?

Dhara 157 ICDR Regulations is the Roman Hindi reference for Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 157 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs post-listing exit opportunity for dissenting shareholders. As verified on 19 May 2026.

Q: How to cite Section 157 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 157, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, § 157 (India).

Law on Tips Editorial Board

- In case of further public offers, including under the fast track route, the promoters or shareholders in control of an issuer shall provide an exit offer to dissenting shareholders as provided for in the Companies Act, 2013, in case of change in objects or variation in the terms of contract related to objects referred to in the offer document as per conditions and manner is provided in Schedule XX;

Provided that the exit offer shall not apply where there are neither identifiable promoters nor shareholders in control of the listed issuer.