Jasjot Singh and Parmjeet Kaur has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
AJOONI · price
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Awaiting price reaction for this filing.
Jasjot Singh and Parmjeet Kaur, likely persons acting in concert with the promoters of Ajooni Biotech Limited, have submitted a disclosure to the exchange under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation pertains to disclosures related to encumbrance (pledge) of shares by acquirers/promoters. The filing confirms the submission of the disclosure document, but the specific details regarding the nature of the encumbrance — whether it is a creation, invocation, or release of pledge, and the quantum of shares involved — are not provided in the headline.
For shareholders, this announcement signals a pledge-related disclosure event involving the promoter group. Until further details on the nature and size of the encumbrance are available, investors should monitor for follow-up filings that clarify whether shares are being pledged, invoked, or released, as these events can affect promoter holding strength and stock price sentiment.