Mangal Electrical Industries Limited files SEBI Regulation 31(4) disclosure of substantial acquisition
SEBI Regulation 31(4) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011 requires immediate disclosure when a person acquires shares that cross prescribed thresholds. This filing indicates a material shareholding change at Mangal Electrical Industries Limited. The actual terms, acquirer name, percentage acquired, and consideration are contained in the filed disclosure document accessible via NSE.
Why it mattersRegulation 31(4) disclosures flag threshold crossing in share ownership (typically 5%, 10%, 15%, 25% or higher); partner must review the specific disclosure document to determine acquirer identity, consideration, and whether open offer or merger obligations are triggered.
SectorIndustrials
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Sources
- NSE Archives - Mangal Electrical Industries Limited Disclosure filing · official
- SEBI Takeover Regulations Portal · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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