�Prem Kumar Bhajanka�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.
CENTURYPLY · price
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Awaiting price reaction for this filing.
Century Plyboards promoter Prem Kumar Bhajanka has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation specifically deals with disclosure of encumbrance (pledge or similar) on promoter-held shares. The actual contents of the disclosure — whether shares were newly pledged, released, or invoked — have not been shared in the headline, so the exact nature of the change is unclear from this filing alone. Investors should look for the detailed disclosure to understand the direction of the change.
This is a routine regulatory disclosure relating to changes in pledge/encumbrance status of promoter shares. The share price impact depends on the direction of the change — new pledges or invocations are typically negative, while releases are seen as positive signals. Without the details, no clear impact can be determined yet.