SAST Disclosures
Disclosure obligations under SEBI's Substantial Acquisition of Shares and Takeovers Regulations - for promoters and large shareholders whose stake crosses reporting thresholds.
Acquiring 5% or more of voting rights triggers an initial disclosure obligation.
Any subsequent 2% change in holding for those above 5% must also be disclosed.
Disclosures are typically due within 2 trading days of the triggering event.
Promoters and promoter group must also file an annual disclosure regardless of change.
Every threshold tracked, every disclosure filed.
We track shareholding against the 5%/2% disclosure thresholds continuously.
Required forms prepared and filed with the company and stock exchanges within the deadline.
Yearly filing prepared regardless of whether any change in holding occurred.
Part of Layer 4 - ValueReady, mainly for Existing Company Setup.
Not relevant pre-listing, but understanding these obligations early helps founders plan for a future listing.
Start your setup →Already listed with promoter or large shareholder obligations? We manage ongoing SAST compliance for you.
Run your diagnostic →Every threshold caught, every disclosure on time.
We track shareholding changes in near real time to catch threshold crossings promptly.
Given the short 2-trading-day window, we prioritize speed on these filings.
We manage the full promoter group's disclosures together, avoiding inconsistent filings.
Common questions
Promoters, promoter group members, and any shareholder whose holding crosses the 5% (or subsequent 2%) threshold in a listed company.
Non-compliance can attract penalties from SEBI and reputational scrutiny - we prioritize speed given the short filing window.
No - SAST regulations apply specifically to listed companies under SEBI's jurisdiction.