Harsh Investments Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
CHEVIOT · price
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Awaiting price reaction for this filing.
Harsh Investments Private Limited, an entity associated with Cheviot Company Limited, has filed a disclosure with the stock exchange under Regulation 10(6) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. This regulation requires reporting of acquisitions made under the exemptions provided in Regulation 10, which generally cover inter-se promoter transfers and creeping acquisitions that are exempt from the mandatory open offer trigger. The filing confirms that a transaction qualifying for this exemption has taken place, though specific details on the number of shares, price, or counterparty are not provided in the headline.
This is a routine regulatory disclosure rather than a market-moving event. Investors should look at the actual disclosure document for details on whether the promoter group's holding has changed, but the filing itself indicates the transaction qualifies for an exemption from the open offer requirement, meaning no public offer obligation was triggered.