Jio Financial Services files SEBI Reg 31(4) substantial acquisition disclosure for Den Networks
Jio Financial Services Limited submitted a disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to NSE. The filing indicates a substantial acquisition event in Den Networks Limited. Specific transaction value, shareholding percentage, and timeline for open offer (if applicable) are not detailed in the primary Bar & Bench article; the actual PDF filing at NSE archives would contain the detailed Form A or Form B disclosure.
Why it mattersSubstantial acquisition threshold (>25% or triggering change in control) crossed; review SEBI takeover code conditions precedent, open offer obligations, and timing of mandatory general offer announcement.
Counsel—
SectorTelecom
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Corporate Announcements Archives · official
- Bar & Bench Corporate Law Tracker
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
Related deals
- HFCL Limited: Acquisition22 Oct 2026
- HFCL Limited: Monitoring Agency Report19 Oct 2026
- Khaitan & Co advised RR Kabel on acquisition of U M Cables9 Oct 2026
- Trilegal, Khaitan & Co acts on Runwal Enterprises ₹500 crore IPO9 Oct 2026 · ₹500 cr
- Time Technoplast Board Approves ₹50 Cr Equity Investment in Time Intercontinental26 Aug 2026 · ₹50 cr
- Honasa Consumer proposes acquisition of Fluence Pharma25 Aug 2026