Balkrishna Namdeo Salunkhe discloses acquisition under SEBI Takeover Regulations exemption

M&A / JV 22 Jun 2026 · Filed / open· ✓ Verified

The disclosure was submitted to NSE on 22 June 2026 under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This signals an acquisition of shares in Jaro Institute of Technology Management and Research Limited by Balkrishna Namdeo Salunkhe, made in reliance upon an exemption from the general requirement to make a public offer under the SAST Regulations. The specific exemption invoked (e.g. creeping acquisition up to 5% per financial year, or open market acquisition) is not detailed in the disclosure excerpt but would be set out in the full Form-disclosure filed with the Exchange.

Why it mattersRegulation 10 exemptions under SAST (typically for shares acquired in open market, creeping acquisition, or other specified circumstances) are safe harbours from mandatory public offer - counsel must verify which exemption clause was invoked and ensure continuous disclosure compliance.
SectorTechnology
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