Srinivasan Ravi files SEBI Takeover Regulations disclosure under Regulation 31(4) for Craftsman Automation Limited
The disclosure was filed with NSE under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4), requiring public announcement of a material change in shareholding. The filing indicates either a proposed acquisition or a trigger event requiring disclosure; the precise transaction value, share quantity, and acquisition percentage remain disclosed in the full filing PDF but are not accessible in the Bar & Bench abstract. No corroborating press release, company announcement, or business press coverage was located during research.
Why it mattersRegulation 31(4) filing triggers public disclosure obligations and potential open-offer requirements if the threshold under SEBI Takeover Regulations is breached; verify acquisition size and whether an open offer is mandated.
SectorIndustrials
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Sources
- NSE SEBI Takeover Regulations Disclosure Filing · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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