Nirmal Mangalchand Mittal Substantial Acquisition in United Polyfab Gujarat Limited

M&A / JV 23 Jun 2026 · Announced· ✓ Verified

Nirmal Mangalchand Mittal has submitted a Regulation 31(4) disclosure to NSE in respect of United Polyfab Gujarat Limited. Regulation 31(4) of the SEBI (SAST) Regulations 2011 requires disclosure of substantial acquisition of shares and voting rights. The disclosure was filed with the NSE and archived as a formal regulatory submission. The precise shareholding percentage and offer price details are contained in the filed disclosure document.

Why it mattersSubstantial acquisition filings under Regulation 31 typically signal crossing of 25% threshold; the disclosure requirement is a gating mechanism requiring immediate open offer under SEBI SAST Regulations 2011, necessitating careful timing and valuation of the mandated offer.
SectorIndustrials
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