Devansh Gupta 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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Devansh Gupta has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires persons holding encumbered shares (pledged shares) to disclose details when such encumbrances are created, invoked, or released. The filing confirms a compliance submission but the headline does not specify whether the disclosure relates to a pledge creation, invocation, or release, nor does it mention any share quantity or percentage details.
The announcement itself is limited in detail, so investors should look for the full disclosure document to understand whether shares have been pledged, released, or invoked, as such events can affect promoter holding stability and shareholder confidence.