Ashish Tomar Files SEBI Reg 31(4) Substantial Acquisition Disclosure for EMS Limited

M&A / JV 19 Jun 2026 · Filed / open· ✓ Verified

Ashish Tomar, an individual acquirer, filed a mandatory substantial acquisition disclosure under SEBI Regulation 31(4) with the NSE in respect of EMS Limited on or around 19 June 2026. The disclosure was required under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing indicates a share acquisition above the specified threshold, but the exact percentage, consideration amount, acquisition structure, and conditions precedent are not disclosed in the Bar & Bench summary and require verification from the NSE archival filing or a company announcement.

Why it mattersSubstantial acquisition disclosures under SEBI Reg 31(4) trigger mandatory open-offer obligations if the acquirer crosses specified thresholds (25% or higher); counsel must verify the precise acquisition percentage and conditions precedent in the filed document to assess takeover code implications.
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