Substantial Shareholding Disclosure in Sunflag Iron and Steel by Suhrit Ravi Bhushan Bhardwaj
The disclosure has been filed with the National Stock Exchange of India under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Suhrit Ravi Bhushan Bhardwaj is the acquirer of a substantial holding in Sunflag Iron and Steel Company Limited. The specific shareholding percentage, acquisition date, consideration, and any conditionality are not disclosed in the Bar & Bench headline; the full disclosure document would contain these details in Schedule A and the acquirer's disclosure statement.
Why it mattersRegulation 31(4) disclosure marks a triggering event in the acquirer's shareholding (likely crossing the 5% or 25% threshold); review whether public shareholding falls below 25% and what open offer, creeping acquisition, or exemption mechanics apply.
SectorMetals & Mining
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Sources
- NSE Archives – Sunflag Iron and Steel Company Limited SEBI Takeover Disclosure · official
- SEBI Official Website – Substantial Acquisition of Shares and Takeovers Regulations, 2011 · official
- Bar & Bench – Corporate Law Tracker Primary Feed
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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