Godawari Power And Ispat Limited: SEBI Takeover Regulation 10(6) Disclosure filed by Kumar Agrawal
The disclosure indicates an acquisition event in Godawari Power And Ispat Limited (a power and steel producer listed on NSE/BSE). Kumar Agrawal has made the Regulation 10(6) report to the Exchange, which is required when a shareholder acquires shares in reliance on an exemption under Regulation 10 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The specific exemption and acquisition quantum are not disclosed in the Bar & Bench headline extract; the full disclosure form filed with NSE would contain the precise share count, percentage, consideration (if any), and the exemption basis.
Why it mattersRegulation 10(6) disclosures signal that a shareholder has crossed a threshold or made an acquisition relying on an exemption (e.g., creeping acquisition, gift, inheritance, or preferential allotment); counsel must verify the precise exemption relied upon and any conditions (e.g., lock-in, voting caps) that may attach to the exemption.
Counsel—
SectorEnergy & Renewables
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Sources
- NSE Archives (Corporate Filings) · official
- Bar & Bench
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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