Tube Investments files SEBI substantial acquisition disclosure for CG Power
Tube Investments filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with NSE. The filing, dated 24 June 2026, indicates a substantial acquisition event-either crossing 25% threshold or acquisition of 2% or more in a 7-day window. The specific shareholding percentage, consideration amount, and mechanics of the transaction are not detailed in the Bar & Bench excerpt or publicly accessible sources yet.
Why it mattersThe filing of Regulation 31(4) triggers open offer obligation unless exempted; partners must model exemption strategy, timing of public announcement, and CG Power board's response protocol under the SEBI Takeover Code.
Counsel—
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Archives (Corporate Disclosures) · official
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 · official
- SEBI Consolidated Guidelines on Takeovers · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
Related deals
- Rajani Associates advises Wanbury on ₹205 crore redemption of debentures31 Aug 2026 · ₹205 cr
- Cyril Amarchand Mangaldas, Khaitan & Co act on Horizon Industrial Parks ₹2,600 crore IPO31 Aug 2026 · ₹2,600 cr
- CMS INDUSLAW, SAM, TT&A, CAM act on Yulu Bikes $93 million Series C fundraise31 Aug 2026 · $93 mn
- Piramal Finance Limited: Press Release31 Aug 2026 · ₹3,850 cr
- Welspun Living Limited: General Updates31 Aug 2026
- Tribhovandas Bhimji Zaveri Limited: Public Announcement-Open Offer31 Aug 2026