Pradeep Kumar Kheruka 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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Pradeep Kumar Kheruka, a promoter of Borosil Scientific Limited, has submitted a disclosure under Regulation 31(4) of the SEBI Takeover Regulations, 2011 to the stock exchange. This regulation requires promoters and persons acting in concert to disclose details of shares they have encumbered (pledged) with any entity. The announcement does not provide specific details on the nature or quantum of the encumbered shares, whether any pledges were created, released, or invoked.
This is a routine regulatory compliance filing related to pledged shares, and on its own does not indicate any change in promoter control or a stock-moving event. Investors should watch for the detailed disclosure to understand any changes in pledged share positions.