SAREGAMA INDIA 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.
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Saregama India Limited has submitted a disclosure to the Exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires disclosure of changes in encumbrances (such as pledges) on shares held by promoters or persons acting in concert. The specific nature of the encumbrance change and the quantum of shares involved are not detailed in the headline. The filing has been posted via Harrisons Malayalam Limited's Exchange feed.
The filing relates to a routine regulatory disclosure concerning encumbrance on shares. Without the detailed content of the disclosure, the precise impact on shareholders is unclear, but Reg 31(4) filings typically signal a pledge creation, modification, or release event that investors may want to monitor.