Suzuki Motor Corporation Files Takeover Disclosure under SEBI Regulations
Under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, any person acquiring a substantial stake in a listed company must disclose the acquisition within four trading days of crossing regulatory thresholds. Suzuki Motor Corporation's disclosure to NSE via the prescribed Regulation 31(4) format is a mandatory regulatory filing that forms the public record of shareholding change. The specific shareholding quantum, acquisition date, and acquisition mode (open market, preferential allotment, or other) are contained in the filed disclosure document. This is a procedural compliance step; the extent to which it may lead to an open offer or other downstream Takeover Code…
Why it mattersA Reg 31(4) disclosure is mandatory when a party crosses key shareholding thresholds (typically 5%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 75%, or 90%) or acquires control; this filing does not itself trigger an open offer but establishes the baseline for future Takeover Code obligations and market disclosure requirements.
SectorConsumer & Retail
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Sources
- NSE Archives - Maruti Suzuki Disclosures · official
- NSE Corporate Announcements Portal · official
- SEBI Official Takeover Code & Regulations · official
- Maruti Suzuki India Limited - BSE/NSE Investor Relations · official
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