Vicky Hemchand Gala triggers SEBI takeover disclosure for Valiant Organics

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

Vicky Hemchand Gala, an individual acquirer, has submitted a formal disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the NSE. This disclosure is the mandatory trigger for any party acquiring or voting control of ≥25% of a listed company's shares. Valiant Organics Limited is a specialty chemicals and organic intermediates manufacturer listed on NSE. The disclosure does not yet specify the exact shareholding percentage, consideration value, or mechanism (open offer vs. negotiated acquisition), but marks the commencement of the formal takeover process and initiates the 4-working-day window for the acquirer to announce the…

Why it mattersThe Reg. 31(4) disclosure is a mandatory gate for acquisition of ≥25% voting rights; this filing confirms the threshold has been crossed and establishes the timeline for subsequent open offer and regulatory clearances under the Takeover Code.
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