Dr. Chandra Kumar Jain files substantial acquisition disclosure under SEBI Takeover Regulations

Regulatory 28 Apr 2026 · Filed / open· ✓ Verified

Dr. Chandra Kumar Jain submitted a disclosure of substantial acquisition of shares in Gulshan Polyols Limited to the NSE under Regulation 31(4) of the SEBI Takeover Regulations. The disclosure document was filed on 28 April 2026 and uploaded to the NSE archive. The specific shareholding percentage, acquisition structure, and consideration details are contained in the formal disclosure filing. This is a mandatory regulatory filing triggered by crossing shareholding thresholds or acquisition activity under the Takeover Code.

Why it mattersThe filing triggers continuous disclosure and open-offer obligations if the threshold of 25% shareholding has been crossed; acquirer must comply with SEBI Takeover Code requirements including creeping acquisition caps and public announcement timelines.
SectorIndustrials
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