Rathee family and Sarla Chahal file substantial acquisition disclosure under SEBI Takeover Regulations
The Rathee family members (Kuldip Singh, Vijay, Prashant, Aman, Kanika) and Sarla Chahal have submitted a joint disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4) to NSE on 11 June 2026. This regulation mandates disclosure when an acquirer or group of persons acting in concert crosses 5% shareholding. The precise shareholding acquired, consideration, and timing are stated in the original NSE filing document dated 11 June 2026.
Why it mattersRegulation 31(4) disclosure marks the formal gateway to SEBI takeover regulation scrutiny; subsequent open offer obligations and timing of acquisition milestones hinge on the precise shareholding crossed and timing sequence.
SectorIndustrials
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Sources
- NSE Archives – ASK Automotive Limited SEBI Takeover Disclosure · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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