Saurabh H Goyal 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.
NURECA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saurabh H Goyal has filed a disclosure with the stock exchange under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires reporting acquisitions made under the exemptions provided in Regulation 10. The filing indicates that the individual has acquired shares of Nureca Limited without triggering the open offer requirement, likely under the creeping acquisition exemption. The specific details of the acquisition such as number of shares, price, and post-acquisition holding percentage are not disclosed in the headline. Regulation 10 generally allows acquirers (including promoters) to buy up to 5% per financial year without making an open offer, provided certain conditions are met.
This is a routine regulatory disclosure by an acquirer (likely connected to the promoter group) buying shares under permitted exemptions. Shareholders should monitor whether this signals gradual promoter stake-building and watch for cumulative holdings approaching regulatory thresholds. No immediate material impact on stock price is expected from this disclosure alone.