Sanjay Kirloskar files SEBI Regulation 31(4) disclosure for Kirloskar Oil Engines

Regulatory 19 Jun 2026 · Filed / open· ✓ Verified

Under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Regulation 31(4) mandates disclosure to the stock exchange when an acquirer has crossed key shareholding thresholds (typically 5% or 25%) or when an open offer is initiated. This filing by Sanjay Kirloskar for Kirloskar Oil Engines signals either a substantial acquisition or the formal commencement of a takeover bid. The disclosure document submitted to NSE is the primary regulatory filing required before any formal public announcement.

Why it mattersRegulation 31(4) disclosures are precursors to formal open offers or announcements of substantial acquisitions; this filing triggers public scrutiny and 5-day disclosure obligations under the Takeover Code.
SectorIndustrials
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