Sandeep Gupta files SEBI Regulation 31(4) disclosure for Asian Hotels (West) Limited
The disclosure was filed with the NSE under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure of concert parties or revised holdings in specified situations. The specific consideration, acquisition % and triggering event are not detailed in the Bar & Bench source and could not be corroborated via secondary sources available.
Why it mattersRegulation 31(4) disclosures flag changes in control or concert arrangements; this filing likely signals a material holding shift or coordination announcement that must be scrutinised for open offer / delisting triggers under SEBI SAST 2011.
SectorConsumer & Retail
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Sources
- NSE Archives – Disclosure Filing · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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