Mr. Akshay Raheja, Mr. Viren Raheja, Hathway Investments Private Limited, Globus Stores Private 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.
HATHWAY · price
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Awaiting price reaction for this filing.
Promoter group entities of Hathway Cable & Datacom — Mr. Akshay Raheja, Mr. Viren Raheja, Hathway Investments Private Limited, and Globus Stores Private Limited — have 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 and promoter group entities to disclose details of any encumbrances (such as pledges) on their shares held in the company. The filing confirms compliance with this disclosure obligation but does not specify the nature or extent of any change in encumbrance.
This is a routine regulatory compliance filing by the promoter group regarding their share encumbrance status. Without details on whether the disclosure reflects a creation, release, or invocation of any pledge, the immediate impact on shareholders or stock price is limited and neutral.