The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Surbhika Steels Pvt Ltd & Others
Awaiting price reaction for this filing.
Rathi Graphic Technologies Ltd has informed BSE about a disclosure filed under SEBI's Takeover Regulations. Surbhika Steels Pvt Ltd and others have reported an acquisition that crosses the disclosure threshold, meaning their combined voting rights in the company have changed materially. Such filings are mandatory whenever any entity crosses or changes its shareholding beyond the prescribed limits under takeover rules. The full details, including the exact percentage acquired and the post-acquisition holding, would be available in the detailed disclosure submitted to the exchanges.
Shareholders should review the detailed disclosure to understand the acquirer's current shareholding and intent, as this could indicate a potential open offer or a significant change in control.