Annual Disclosure under regulation 30(1), 30(2) and 31(4) of SEBI (SAST) Regulations received from the Promoter of the Company
Awaiting price reaction for this filing.
N2N Technologies Ltd has informed the stock exchanges that it has received an annual disclosure from one of its promoters under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The disclosure covers Regulation 30(1), 30(2), and 31(4), which relate to the promoter's shareholding details and any encumbered (pledged or locked-in) shares in the company. The actual document with specific shareholding numbers was not accessible as the BSE page hosting the filing has been moved or is currently unavailable. No details on the exact number of shares held, pledged, or any change in the promoter's stake can be confirmed from the available information.
This is a routine regulatory disclosure and typically does not have a direct impact on the stock price. Shareholders should look for the actual shareholding figures and any pledge/encumbrance details once the document is accessible, as a sharp rise in pledged shares by the promoter could be a concern.