Ramachandran N 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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Ramachandran N, identified as a promoter of Chemfab Alkalis Limited, has submitted a disclosure under SEBI Regulation 31(4) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure pertains to shareholding details of the promoter for the financial year 2025-26. The filing was made from Chennai and is dated 1 April 2026. Reg 31(4) requires promoters to disclose their shareholding and changes therein to the stock exchange. The document provided is fragmented, making it difficult to determine the specific change or holding percentage being disclosed.
Regulation 31(4) filings by promoters typically reflect changes in promoter shareholding. Depending on whether the transaction was a buy or sell, it may signal promoter confidence or a reduction of stake to the market. Without the full numeric details, the exact impact on the stock is unclear.