Meeta Samir Sheth files SEBI takeover disclosure for substantial stake in Coral India Finance & Housing Limited

M&A / JV 6 Jul 2026 · Filed / open· ✓ Verified

Meeta Samir Sheth submitted a disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4) to the NSE. This regulation mandates that any person acquiring 25% or more of a listed company's shares (directly or indirectly) must disclose the acquisition and may be required to make a mandatory open offer unless exempted. Coral India Finance & Housing Limited is a BFSI entity listed on NSE. The disclosure was filed on 6 July 2026.

Why it mattersRegulation 31(4) disclosures mark the moment a 25%+ acquirer must publicly declare their position; partners should verify whether this triggers a full mandatory open offer or qualifies for an exemption (e.g., creeping acquisition, financing exemptions, or Board approval).
SectorBFSI
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