MPG Family Trust files SEBI Regulation 10(6) disclosure for acquisition in Bharat Rasayan
MPG Family Trust submitted a disclosure to the NSE under SEBI (SAST) Regulations, 2011, Regulation 10(6), reporting an acquisition made in reliance on an exemption. The filing does not specify the acquisition value, shareholding percentage, or the exact nature of the exemption claimed. Regulation 10(6) permits disclosure in lieu of open-market announcement where acquisitions qualify for exemptions (commonly related-party acquisitions or acquisitions by persons who already hold a significant stake and are consolidating). The disclosure was filed on 24 Aug 2026.
Why it mattersRegulation 10(6) disclosure signals either a related-party acquisition or a creeping acquisition below the 5% open-market threshold; counsel must verify the exemption basis and whether the trustee holds prior shareholding triggering disclosure obligations under the SAST Regulations.
SectorChemicals
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Sources
- NSE Archives – Corporate Disclosures · official
- SEBI Official – SAST Regulations 2011 · official
- Bharat Rasayan Limited – BSE Corporate Actions · official