Crizac Limited: Disclosure under SEBI Takeover Regulations
Crizac Limited submitted to NSE a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates that a person acquiring 25% or more of shares or voting rights, or an open offer, must be disclosed within specified timelines. The filing on 23 June 2026 indicates a triggering event; full details of the acquirer, consideration, and shareholding structure are not available in the primary source.
Why it mattersRegulation 31(4) triggers mandatory disclosure of open offers or substantial shareholding acquisitions; the filing confirms a material corporate action in progress, though acquirer identity and consideration remain to be disclosed in full form.
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Sources
- NSE Archives · official
- SEBI Takeover Regulations, 2011 · official
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