Rashi Peripherals: Krishna Kumar Choudhary Disclosure under SEBI Takeover Regulations
Rashi Peripherals Limited received a formal disclosure filing from Krishna Kumar Choudhary under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as mandated for any person acquiring 5% or more of voting rights or triggering control thresholds. The disclosure was formally submitted to the National Stock Exchange and archived in NSE's corporate governance repository. The exact quantum of shares, acquisition date, and consideration are not disclosed in the headline text; the full regulatory form (SCA-31-4) would contain these specifics.
Why it mattersA Regulation 31(4) disclosure triggers open offer obligations if the acquirer crosses 25% shareholding threshold; the specific identity and quantum of shares acquired will determine takeover board applicability and open offer structuring.
SectorTechnology
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Sources
- NSE Corporate Archives · official
- SEBI Takeover Regulations, 2011 · official
- NSE Listing Regulations & Disclosure Norms · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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