Indian Oil Corporation files SEBI Takeover Regulation Disclosure under Regulation 31(4)
SEBI Regulation 31(4) mandates disclosure of substantial acquisition of shares and takeover events. The submission to NSE indicates either IOC has acquired or been subject to a substantial acquisition triggering the threshold reporting requirements. The specific acquirer, shareholding percentage, consideration and nature of the acquisition are contained in the detailed disclosure document filed with the exchange.
Why it mattersRegulation 31(4) disclosures are mandatory when a person acquires or holds shares exceeding 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 70% or 90% of equity; this filing signals a material change in shareholding structure requiring public disclosure and potential open offer obligations.
SectorEnergy & Renewables
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Archives – IOC Disclosure Filing · official
- SEBI Official Website – Takeover Regulations 2011 · official
- NSE Circulars – Takeover Code Compliance · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
Related deals
- DPSC Limited: Corporate Insolvency Resolution Process30 Aug 2026
- Power Grid Corporation of India Limited: Acquisition28 Aug 2026
- Hero MotoCorp Limited: Acquisition28 Aug 2026
- Hero MotoCorp Limited: Acquisition27 Aug 2026
- GUJARAT ENERGY LIMITED: General Updates27 Aug 2026
- Inox Wind Limited: Disclosure under SEBI Takeover Regulations27 Aug 2026