Bank Of India has informed the Exchange regarding 'Compliance of Regulation 31(4) and 31(5) SEBI SAST Regulations-2011'.
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Bank of India has informed the stock exchange that it has complied with Regulations 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations require the promoter or acquirer to declare that no shares have been sold during a specified period and that no further sale will take place until completion of any open offer process. The filing does not disclose any share transactions, open offer details, or changes in promoter shareholding. It appears to be a routine regulatory compliance submission.
This is a routine compliance filing with no direct material impact on shareholders or the stock price. Investors should watch for any related open offer or shareholding change filings if significant promoter activity is expected.