Kailash Shantilal Choudhari 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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Kailash Shantilal Choudhari, a member of the promoter group of Aksh Optifibre Limited, has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons holding encumbered shares to disclose details of shares that have been pledged or otherwise encumbered. The actual details of the disclosure, including any change in pledged share quantity, are not provided in the filing summary.
This is a routine regulatory compliance filing related to pledged or encumbered shares held by a promoter group member. Investors should look at the attached disclosure document for specific details on whether shares were newly pledged, released, or invoked, as such changes can affect promoter holding stability and shareholder confidence.