Announced Mon, 22 Jun · 15:15 IST
Supra Corporation files non-disposal undertaking under SEBI Takeover Regulations
Ownership Changes View source PDF
SUNFLAG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹358.35
prior close
₹357.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.1——-0.9-5.4-3.4-5.0-5.1-0.5-5.1-2.5——
Up moveDown movePending
AI summary
Supra Corporation Limited has filed a disclosure under Regulation 31(4) of SEBI Takeover Regulations, 2011 with the exchange. This regulation requires acquirers to submit a non-disposal undertaking for shares acquired through an open offer, confirming they will not sell these shares for a specified period. The filing indicates Supra Corporation has completed an open offer process related to Sunflag Iron and Steel shares.
Likely market impact
Suggests an open offer by Supra Corporation has been completed. No immediate impact on existing shareholders unless further actions follow.