Pavan Kumar Jain ,Nayantara Jain ,Siddharth Jain ,INOX Chemicals LLP,Siddho Mal Trading LLP , 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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The promoter group of GFL Limited — Pavan Kumar Jain, Nayantara Jain, Siddharth Jain, INOX Chemicals LLP, and Siddho Mal Trading LLP — 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 restricts promoter group entities holding more than 25% of a company from acquiring additional shares exceeding 5% in a financial year without making an open offer. The filing appears to be a routine annual compliance declaration by the promoters confirming adherence to these creeping acquisition limits. No specific transaction details, share quantities, or price information are mentioned in the announcement.
This is a routine regulatory compliance filing by the promoters and does not indicate any change in ownership or a major corporate event. Shareholders should not expect any material impact on share price or shareholding structure from this disclosure.