SEBI Takeover Code Disclosure: Srinivasan Ravi files Regulation 31(4) disclosure with NSE
Srinivasan Ravi submitted a disclosure document to NSE under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4), which mandates disclosure when an acquirer or group crosses 25% shareholding or announces a takeover intent. The filing indicates a material acquisition event at Craftsman Automation, a listed company on NSE. Specific shareholding percentage, consideration, and open offer details are contained in the full disclosure document filed with the exchange.
Why it mattersRegulation 31(4) disclosures trigger mandatory open offer obligations at 25%+ acquisition; the timing and structure will determine whether a full takeover process follows, and whether ongoing open offer conditions (price-fixing, timing, acceptances) must satisfy SEBI review.
Counsel—
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Archives - Craftsman Automation Limited Disclosure · official
- SEBI Official - SAST Regulations 2011 · official
- NSE Corporate Actions Portal · 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