Siddharth Mehra files SEBI Takeover disclosure under Reg 10(6) for Savita Oil Technologies acquisition

M&A / JV 18 Jun 2026 · Filed / open· ✓ Verified

Siddharth Mehra has made a disclosure to the National Stock Exchange under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of an acquisition in SOTL. The disclosure was filed on 18 June 2026. Regulation 10(6) permits reporting of acquisitions made under specified exemptions (e.g., creeping acquisition up to 5% per annum, preferential allotment, or employee stock option schemes), which do not trigger an open offer. The exact consideration, stake acquired, and exemption relied upon are contained in the filed disclosure document.

Why it mattersThe filing signals a material acquisition or stake increase by Mehra in SOTL; the Reg 10(6) exemption route (likely sub-5% creeping or specific carve-out) should be cross-checked against the full disclosure to assess whether open-offer thresholds or conditions precedent apply.
SectorEnergy & Renewables
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