Shrinivas V. Dempo 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.
GOACARBON · price
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Shrinivas V. Dempo, a promoter of Goa Carbon Limited, has submitted a disclosure to the stock exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation applies to encumbrance (pledge or similar charges) on shares held by promoters. The filing confirms that the required disclosure has been submitted but the specific details — such as whether the pledge was created, modified, invoked, or released, and the number of shares involved — are not mentioned in the available information.
Promoter pledge disclosures are worth tracking because high or increasing pledges can indicate financial stress, while release of pledged shares is generally seen positively. Shareholders should look for the full disclosure on the NSE/BSE portal for exact share counts and pledge status before drawing any conclusion.