Raj P Narayanam files SEBI Regulation 31(4) disclosure for substantial shareholding in Zaggle Prepaid Ocean Services
The disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Regulation 31(4) was filed by Raj P Narayanam with the National Stock Exchange. This regulation requires disclosure when a person acquires substantial shares or voting rights in a listed company, typically triggering mandatory open offer provisions. The specific shareholding percentage, acquisition date, and consideration have not been publicly detailed in accessible sources.
Why it mattersRegulation 31(4) disclosures signal a substantial acquisition event (typically >25% or crossing key thresholds) and trigger mandatory open offer obligations unless exempted; the filing itself is the regulatory gating event that crystallizes the acquirer's public disclosure and takeover code compliance timeline.
SectorFinancial Services
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]
Sources
- NSE Archives - Corporate Filing · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
Related deals
- Jana Small Finance Bank, Federal Bank shares fall amid merger buzz; NSE seeks clarification25 Aug 2026
- Sammaan Capital Limited: Timely Interest Payment Certification on Listed Debentures25 Aug 2026
- Sammaan Capital Limited: Timely Interest Payment on Secured Redeemable Non-Convertible Debentures25 Aug 2026
- Sammaan Capital Limited: Timely Interest Payment Certification on Listed Debentures25 Aug 2026
- Piramal Finance Limited Board approves preferential issue of warrants to promoter group24 Aug 2026 · ₹1,750.03 cr
- Piramal Finance Limited: Qualified Institutional Placement approved by Committee24 Aug 2026