Acquisitions8 April 2026 at 04:41 am
Kumbhat Financial Services Ltd: Sanjay Kumbhat Acquires Shares in Compliance with SEBI Regulations
AI Summary
Kumbhat Financial Services Ltd has received a disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition has been carried out in reliance upon the exemption provided under Regulation 10(1)(a) of the SEBI (SAST) Regulations, 2011, and is a re-arrangement of shareholding within the promoter group. The transaction does not result in any change in control or management of the target company.
Key Highlights
- Acquisition carried out in reliance on SEBI Regulation 10(1)(a)
- No change in control or management of the target company
- Purely a re-arrangement of shareholding within the promoter group
- Submitted within the prescribed timeline as required under Regulation 10(6)