Gautam Saraogi files SEBI Takeover Disclosure under Regulation 31(4)
Gautam Saraogi has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the National Stock Exchange. Regulation 31(4) requires disclosure when a person or entity crosses a prescribed shareholding threshold or acquires control. The filing does not specify the shareholding percentage, acquisition value, or transaction structure in the headline disclosure; the full details are contained in the formal Form - filed with the exchange. This is a mandatory regulatory filing, likely triggered by an acquisition event or threshold breach.
Why it mattersRegulation 31(4) filings signal either a threshold breach (crossing 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 75%, 90% of capital) or a mandatory open offer trigger; partners should cross-check the disclosed shareholding level and whether an open offer (under Regulation 26) is mandated.
SectorConsumer & Retail
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Sources
- NSE Archives (SEBI Takeover Disclosure Filing) · official
- NSE Corporate Announcements Portal · official
- SEBI Official Website - Takeover Regulations 2011 · official
- BSE India - Corporate Announcements · official
- Go Fashion (India) Limited - Investor Relations / Stock Exchange Filings · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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