Scoda Tubes Limited: SEBI Regulation 31(4) Substantial Acquisition Disclosure
The disclosure under SEBI (SAST) Regulations 2011 Regulation 31(4) indicates Vipulkumar Arvindbhai Patel has crossed the 5% threshold of voting shares in Scoda Tubes Limited, a publicly listed industrial tubes manufacturer. Regulation 31(4) requires mandatory disclosure of substantial acquisition to the stock exchange and public. No transaction value, timing, or consideration structure is publicly available at this stage.
Why it mattersRegulation 31(4) disclosure gates further acquisition steps and establishes public record of >5% voting threshold breach; acquirer must now comply with open offer timeline and pricing rules.
SectorIndustrials
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Sources
- NSE Corporate Filing · official
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 · official
- SEBI SAST Regulations 2011 – Regulation 31 (Amended) · official
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