GATEWAYNSEGateway Distriparks LimitedMediumNeutral
Announced Mon, 26 May · 19:58 IST

�Prism International 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.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prism International Private Limited, part of the promoter group of Gateway Distriparks, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons acting in concert to declare that they have not made any further acquisition of shares beyond the creeping acquisition limit without making an open offer. The filing is a regulatory compliance update with no specific transaction details disclosed in the headline.

Likely market impact

This is largely a routine compliance filing and is unlikely to have a direct impact on the stock price. It confirms the promoter group's continued adherence to takeover regulations and transparency on shareholding.