TVS Supply Chain Solutions: Preetha Balan Ramanathan files SEBI Reg 31(4) takeover disclosure
Under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, Regulation 31(4) requires disclosure within 2 working days of the acquisition or decision to acquire 25% or more voting rights. The filing confirms a disclosure has been made to NSE; the specific acquisition details, consideration and conditions precedent are contained in the underlying regulatory filing.
Why it mattersSEBI Reg 31(4) disclosure is a gate for potential open offers; the actual offer price, share count and completion conditions will emerge in the formal takeover announcement that must follow within regulatory timelines.
SectorIndustrials
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Sources
- NSE Archives – TVS Supply Chain Solutions Disclosure Filing · official
- Bar & Bench
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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