Bandana Kohli 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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Bandana Kohli, who appears to be a promoter or person acting in concert, has submitted a disclosure to the exchange under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation deals with disclosures related to encumbrance (such as pledge, lien, or other charge) on shares held by promoters or persons acting in concert. The filing does not specify the exact nature of the encumbrance event—whether it is a new pledge, release, or invocation—or the number of shares or percentage involved.
The filing is procedural and only confirms submission of a disclosure; without details on the nature and size of the encumbrance change, investors cannot immediately gauge its impact on shareholding or stock price. Shareholders should watch for any follow-up disclosure clarifying the specifics.