Hari Krishan Agarwal files substantial acquisition disclosure in Campus Activewear under SEBI Reg. 31(4)
Under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011, Hari Krishan Agarwal's disclosure to NSE signals either a 25% threshold crossing or a binding agreement to acquire control of Campus Activewear Limited. The filing must be accompanied by supporting documents detailing consideration, conditions precedent, and approvals sought. The disclosure is now in the public domain and locks both parties into a regulated acquisition timeline.
Why it mattersDisclosure triggers immediate halt on further acquisitions pending regulatory approval; partners must review concert-party arrangements, conditions precedent, and NCLT/CCI gating items under the Takeover Code.
SectorConsumer & Retail
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Sources
- NSE Archives – Campus Activewear Substantial Acquisition Disclosure Filing · official
- Bar & Bench
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 · official
- Campus Activewear Limited – NSE Company Page · official
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