Longview Tea files Reg 29(2) disclosure for Jalpaiguri Holdings acquisition
On 25 June 2026 the company submitted a SEBI Substantial Acquisition of Shares filing indicating Jalpaiguri Holdings Pvt Ltd is pursuing a share purchase, though details remain undisclosed.
What Longview Tea announced
Longview Tea Company Ltd filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on 25 June 2026. The filing, submitted to the Bombay Stock Exchange, references Jalpaiguri Holdings Pvt Ltd as the party making the acquisition.
"The Exchange has received the disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for Jalpaiguri Holdings Pvt Ltd."
The announcement does not contain any quantitative information about the number of shares, percentage of holding, or the consideration involved.
Disclosure under Regulation 29(2)
Regulation 29(2) mandates that any person or entity acquiring a substantial shareholding—generally 5% or more—or initiating a takeover must promptly disclose the transaction to the stock exchange. The purpose is to ensure transparency for shareholders and the market.
In this case, the filing signals that Jalpaiguri Holdings Pvt Ltd has either crossed the 5% threshold or is in the process of a takeover. The exact trigger is not specified in the document.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Longview Tea Company Ltd |
| BSE ticker | 526568 |
| Filing date | 25 June 2026 (02:40:26 UTC) |
| Regulation cited | SEBI Regulation 29(2) (SAST) |
| Counterparty | Jalpaiguri Holdings Pvt Ltd |
| Quantitative details | Not disclosed in the filing |
| Source | BSE filing (PDF) |
Why this matters for investors
The filing alerts investors that a new shareholder may be accumulating a material stake in Longview Tea. While the exact size of the holding is unknown, the requirement to disclose under Reg 29(2) implies a level of significance that could affect voting dynamics, board composition, or future strategic direction. Until further details are released—such as the exact share percentage, price paid, and any intended actions—investors should monitor subsequent disclosures for clarity.
Conclusion
Longview Tea’s Reg 29(2) filing on 25 June 2026 confirms that Jalpaiguri Holdings Pvt Ltd is undertaking a substantial share acquisition, but the filing does not reveal the scale or terms of the transaction. Shareholders can expect additional filings in the coming weeks that will provide the missing quantitative information and outline any required approvals.
Frequently asked questions
Source filing: view original