CESC Limited: Takeover Disclosure under SEBI Regulation 31(4) by Lebnitze Real Estate Private Limited
Lebnitze Real Estate Private Limited submitted a Regulation 31(4) disclosure to NSE on 22 June 2026 regarding a substantial acquisition of CESC Limited shares. CESC Limited is a leading power distribution and generation utility serving Kolkata and parts of West Bengal and Odisha. Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 mandates disclosure when certain shareholding thresholds are crossed. The exact shareholding percentage, consideration value, and open-offer timeline are not disclosed in the primary source.
Why it mattersRegulation 31(4) disclosure indicates that the acquirer crossed a mandatory shareholding threshold (likely 25% or higher) and has formally notified the stock exchange; partners should verify the exact threshold, open-offer trigger status, and timeline to board approval via the full SEBI/NSE/BSE filings.
SectorEnergy & Renewables
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Sources
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