Sarla Performance Fibers Limited, a key player in the textile industry, has recently disclosed receiving a substantial acquisition of shares notification from Hindustan Cotton Company. This significant development was communicated to both the BSE Limited and the National Stock Exchange of India Limited, highlighting its importance in the corporate landscape.

Disclosure Details

The notification came through Hindustan Cotton Company's partner, Sarladevi Madhusudan Jhunjhunwala, in compliance with the Securities and Exchange Board of India (SEBI) regulations governing substantial acquisition of shares and takeovers. Krishna Jhunjhunwala, Director of Sarla Performance Fibers Limited, officially communicated this information to the stock exchanges for their records.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires entities to disclose their shareholding and voting rights in a listed company when they acquire a substantial number of shares or voting rights.

Official Communication

According to the LODR (Listing Obligations and Disclosure Requirements) data, the company sent an official letter to the stock exchanges. The letter stated:

"Enclosed is the disclosure, as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, received from M/s. Hindustan Cotton Company through its partner Mrs. Sarladevi Madhusudan Jhunjhunwala."

Implications for Investors

This substantial acquisition notification is significant for Sarla Performance Fibers' shareholders and potential investors. It indicates a notable change in the company's ownership structure, which could potentially influence its future direction and decision-making processes.

Market Response

While the exact market response to this news is not provided in the available data, such substantial acquisitions often draw attention from market analysts and investors. Shareholders of Sarla Performance Fibers Limited may want to closely monitor any further developments or disclosures related to this acquisition.

The timely disclosure of this information demonstrates Sarla Performance Fibers' commitment to transparency and adherence to regulatory requirements, which are crucial aspects of corporate governance in the Indian stock market.

As the situation develops, more details about the extent of the acquisition and its potential impact on the company's operations may come to light. Investors and market watchers will likely keep a close eye on any further announcements from Sarla Performance Fibers Limited or Hindustan Cotton Company regarding this substantial acquisition.

Sarla Performance Fibers Limited has disclosed a significant development in its shareholding structure. The company reported a substantial acquisition of shares by Hindustan Cotton Company, through its partner Mrs. Sarladevi Madhusudan Jhunjhunwala.

Disclosure Details

The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011. Sarla Performance Fibers communicated this information to both the BSE Limited and the National Stock Exchange of India Limited on September 24, 2025.

Key Points

• Acquirer: Hindustan Cotton Company, through partner Mrs. Sarladevi Madhusudan Jhunjhunwala
• Disclosure Date: September 24, 2025
• Regulatory Compliance: SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Company Information

Sarla Performance Fibers Limited, headquartered at 304, Arcadia, 195, Nariman Point, Mumbai- 400021, is a player in the performance fibers industry. The company's Corporate Identification Number (CIN) is L31909DN1993PLC000056.

Management Statement

The disclosure letter was signed by Krishnakumar Jhunjhunwala, Director of Sarla Performance Fibers Limited, emphasizing the company's commitment to transparency and regulatory compliance.

While the exact number of shares acquired or the resulting shareholding percentage has not been disclosed in the available information, this acquisition is deemed substantial enough to warrant official disclosure under SEBI regulations.

Investors and market watchers may want to monitor further developments regarding this share acquisition, as it could potentially impact the company's ownership structure.