Jagrut Kumar Patel files SEBI Takeover Regulation 31(4) disclosure with NSE

Regulatory 29 Jun 2026 · Filed / open· ✓ Verified

The filing is a formal disclosure under the SEBI takeover code's substantial acquisition framework. Regulation 31(4) requires disclosure of acquisition details, timing, and acquirer intent. Full details (acquisition percentage, consideration, timing, and intent letter) would be contained in the original NSE filing PDF. No independent corroboration of value, sector, or deal structure was available.

Why it mattersRegulation 31(4) disclosure is typically triggered at or above 5% threshold; verify exact shareholding percentage and intent (control, neutral, exit) to assess open-offer or exemption applicability.
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