Laxmi Pat Bothra files substantial acquisition disclosure in EPACK Durable
Laxmi Pat Bothra has submitted a Regulation 31(4) disclosure to NSE and BSE as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure is filed when a person acquires 25% or more of voting capital or when an acquirer's aggregate shareholding crosses defined thresholds. EPACK Durable Limited is an industrial packaging company. The disclosure initiates the mandatory offer timeline and triggers review of takeover conditions under the Code.
Why it mattersA Reg 31(4) disclosure (triggered at 25%+ aggregate shareholding) is the formal gate-opener for takeover obligations: acquirer must now assess whether open offer, independent director appointment, or regulatory clearance is required within 60 days.
SectorIndustrials
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Sources
- NSE Archives - Corporate Actions Filings · official
- SEBI - Takeover Regulations Handbook · official
- BSE - Corporate Actions & Announcements · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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