Devyani International Substantial Acquisition Disclosure under SEBI Reg. 31(4)

M&A / JV 24 Jun 2026 · Announced· ✓ Verified

Devyani International filed a mandatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4), which requires public disclosure when a shareholder or concert party crosses the 25% threshold or makes a subsequent acquisition above the threshold. The filing was submitted to NSE on 24 June 2026. Material terms (acquirer, stake, price, conditions) are not disclosed in the available abstract.

Why it mattersDisclosure under Reg. 31(4) signals acquisition of >25% voting rights or concert-party aggregation; partner must verify acquirer identity, stake %, consideration, and applicability of open offer exemptions (creeping vs. accelerated acquisition).
SectorConsumer & Retail
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