FEDERAL MOGUL VERMOGENSVERWALTUNGS-GMBH 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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Federal-Mogul Goetze (India) Limited's promoter group entity, Federal Mogul Vermogensverwaltungs-GmbH, 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 requires promoters and promoter group entities to disclose details of shares they have pledged, invoked, or released on a quarterly basis. The headline does not include specific details on the number of shares pledged, the percentage of promoter holding involved, or whether any pledge was invoked or released. Federal Mogul Vermogensverwaltungs-GmbH is part of the promoter group and is the German holding entity associated with the Tenneco/Federal-Mogul global group.
This is a routine regulatory compliance filing by the promoter entity. Investors should look at the actual disclosure details to check if pledged shares have increased, decreased, or been invoked, as significant changes can affect promoter holding stability and share price sentiment.