The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 02, 2025 for Nitin Mahavir Prasad Kandoi
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Awaiting price reaction for this filing.
A revised disclosure under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 has been filed by Nitin Mahavir Prasad Kandoi, a likely promoter-group individual, on July 02, 2025. These regulations require disclosure of shareholding and any encumbrance (such as pledge) details by substantial shareholders and promoters. The headline does not specify whether the revision pertains to a change in shareholding, a pledge creation, release, or invocation, or the quantum of change. Investors are advised to check the full revised disclosure on the BSE portal for the exact nature and size of the change.
As the nature and size of the change are not visible from the headline alone, the immediate impact on the stock or shareholders is unclear. A revised filing could indicate a correction or an update to a previously disclosed event, so it warrants a look at the detailed disclosure before drawing conclusions.