Affle (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Affle (India) Limited has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires continual disclosures from anyone holding more than 5% of shares, or who has bought or sold more than 2% of total shares during the financial year. The filing itself is a regulatory compliance requirement; the headline does not disclose the acquirer's name, direction (buy or sell), or exact change in shareholding.
Without the actual numbers from the disclosure, the stock price impact is unclear. Investors should look for the attached disclosure document to check which entity crossed or modified a shareholding threshold, as this can signal confidence or concern from major holders.