Mr. Arjun Oberoi, Mr. Vikram Oberoi, Late Mr. Prithviraj Singh Oberoi, Oberoi Hotels Private Limited, Aravalli Polymers Private Limited, Bombay Plaza Private Limited, Oberoi Building Private Limited, Oberoi Investments Private Limited, Oberoi Leasing Private Limited, Oberoi Properties Private Limited, Oberoi Plaza Private Limited, Oberoi Holdings Private Limited 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.
EIHAHOTELS · price
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The promoter group of EIH Associated Hotels Limited, including Oberoi family members (Mr. Arjun Oberoi, Mr. Vikram Oberoi, Late Mr. Prithviraj Singh Oberoi) and several Oberoi group holding companies, has submitted a disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This provision requires promoters to report details of shares that have been encumbered (typically pledged) by them. The filing indicates regulatory compliance, but the specific details (whether it involves creation, invocation, or release of pledge, and the percentage of shares involved) are not visible from the headline alone.
Investors should review the actual disclosure document to confirm whether promoters are creating new pledges, having existing pledges invoked, or releasing them. Any material change in pledged promoter shares can influence stock sentiment and perceived promoter confidence in the company.