Sanjay Kirloskar files SEBI Takeover disclosure under Regulation 31(4)

Regulatory 19 Jun 2026 · Filed / open· ✓ Verified

Sanjay Kirloskar submitted a formal disclosure to NSE under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure when a promoter or substantial acquirer crosses a threshold shareholding in a listed company. The disclosure was filed on or before 19 June 2026. The identity of the acquirer (Sanjay Kirloskar) and the target (Kirloskar Brothers Limited, a publicly listed industrial conglomerate) are confirmed; the specific shareholding percentage, acquisition date, and trigger event are not detailed in the Bar & Bench notice but would be stated in the full Regulation 31(4) form filed with NSE.

Why it mattersRegulation 31(4) filings signal imminent changes in control or mandatory-offer thresholds; counsel should verify the specific shareholding tranche crossed, whether a mandatory general offer under Regulation 38 is triggered, and whether any inter-promoter restructuring or board-level changes are pending.
Counsel—
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals