GAIL (India) 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.
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GAIL (India) Limited has submitted to the Exchange a disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This is a mandatory report to the stock exchange regarding an acquisition of shares that qualifies for an exemption from the normal open offer requirement under Regulation 10. The exemption typically applies to acquisitions involving inter se transfers among promoters or certain other specified categories. Specific details on the acquirer, number of shares, and pricing are not provided in the headline.
This is a procedural compliance filing and not a fresh market-moving event. Shareholders should review the detailed disclosure on the BSE/NSE portal to understand which entity acquired shares, the quantity involved, and whether promoter holdings have changed.