Latha Kumar files SEBI Takeover Disclosure under Regulation 31(4) for TVS Supply Chain Solutions

M&A / JV 19 Jun 2026 · Announced· ✓ Verified

Latha Kumar has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the National Stock Exchange. Regulation 31(4) mandates disclosure of acquisition of shares beyond specified thresholds by promoters, PACs or substantial shareholders. The filing does not disclose the quantum of shares acquired, consideration, or deal structure, but the regulatory form itself confirms a material shareholding event. No open offer, board approval detail, or timeline for completion is stated in the disclosed excerpt.

Why it mattersSubstantial acquisition thresholds under SEBI Takeover Code (25% for listed acquirers, variable for others) govern open offer obligations and timing; practitioners must review whether the disclosed stake crosses 25% or other creeping threshold triggering mandatory offer, board consent, and target shareholder vote requirements.
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