Krishana Phoschem: Praveen Ostwal files Regulation 31(4) disclosure under SEBI Takeover Code

Regulatory 19 Jun 2026 · Filed / open· ✓ Verified

Praveen Ostwal submitted a Regulation 31(4) disclosure form to NSE on or about 19 June 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing mechanism indicates a substantial acquisition event; the specific threshold crossed (5%, 10%, 15%, 25%, 50% or 90%) and exemption status are not disclosed in the Bar & Bench summary but would appear in the full disclosure document lodged with the exchange. Krishana Phoschem is a chemicals/fertiliser-sector company; the acquirer's identity and acquisition strategy are not stated in the headline source.

Why it mattersRegulation 31(4) disclosures are mandatory when acquirers cross 5%, 10%, 15%, 25%, 50% or 90% thresholds; this filing marks the formal regulatory gate and typically triggers a standstill period and open-offer obligation if threshold exceeds 25%-practitioners must model the triggering percentage and any exemptions (creeping acquisition, pledged shares, voting rights suspension).
SectorIndustrials
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals