Manish Garg For and on behalf of Promoter and PAC 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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Manish Garg, acting on behalf of the promoter and persons acting in concert (PAC) of Goodluck India 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 is a periodic filing required from promoters and PACs regarding details of encumbered shares (such as pledges). The headline does not include specific numbers on the extent or direction of any pledge changes.
This appears to be a routine regulatory compliance filing rather than a fresh corporate action. Without disclosed details, shareholders should wait for the actual encumbrance details to assess whether there is any change in pledged shares or promoter holding.