Arun Kumar Kothari 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.
GILLANDERS · price
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Arun Kumar Kothari, a promoter of Gillanders Arbuthnot & Company Limited, 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 requires promoters or persons in control to declare their intent regarding further acquisition of shares in the company. The filing is a routine regulatory compliance and does not involve any change in shareholding at this stage. No further details on the specific shareholding position or any acquisition have been mentioned in this announcement.
This is a routine compliance disclosure and is unlikely to have a direct impact on the share price. Shareholders should monitor any subsequent filings for actual changes in promoter shareholding.