Rakam Infrastructures files substantial acquisition disclosure under SEBI Takeover Regulations for Almondz Global Securities
Rakam Infrastructures Private Limited submitted a Regulation 31(4) disclosure to NSE under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure within four working days of crossing the 5% shareholding threshold. The filing confirms an acquisition event affecting Almondz Global Securities Limited, a listed financial services company. Transaction quantum, timing, and completion status are not detailed in the disclosure excerpt provided.
Why it mattersSubstantial acquisition disclosure filing triggers mandatory public disclosure under SEBI Takeover Code; acquirer identity and transaction existence are now on public record, though deal structure and economic terms remain to be disclosed in full.
SectorFinancial Services
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Sources
- NSE Corporate Archives · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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