Gaurav Goel 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.
DHAMPURSUG · price
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Gaurav Goel, a member of the promoter group of Dhampur Sugar Mills, 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 the disclosure of encumbered (pledged) shares held by promoters and promoter group entities. The announcement itself does not provide the underlying numbers, such as the total encumbered shares, the percentage of his holding that is pledged, or whether there has been a change in the pledge status.
This is a routine regulatory filing and, on its own, does not signal any positive or negative event. Shareholders should look at the actual disclosure document to understand whether this involves new pledging, invocation, or release of shares, which could affect promoter holding visibility and stock sentiment.