Norben Tea & Exports Limited – SEBI Regulation 31(4) Disclosure of Substantial Acquisition by Manoj Kumar Daga
Manoj Kumar Daga submitted a formal disclosure to NSE under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following a substantial acquisition of shares in Norben Tea & Exports Limited. The filing is a public disclosure mechanism designed to inform the market of significant changes in control or shareholding. The specific quantum of shares and consideration are not stated in the available headline text and would require review of the full PDF disclosure form.
Why it mattersRegulation 31(4) disclosure is a mandatory gating step in the SEBI takeover framework; this filing confirms a shareholding milestone crossed (typically 25% or higher) and triggers potential open-offer obligations under Regulation 35 if the acquisition was hostile or unsolicited.
SectorFMCG
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Sources
- NSE Corporate Archives – Norben Tea & Exports Limited Disclosure Filing · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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