Mahendra Nahata 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.
HFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahendra Nahata, promoter of HFCL 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 deals with the disclosure of shares that are encumbered (pledged) by promoters. No further details about the nature, size, or direction of the encumbrance are provided in this filing text.
This is a routine regulatory disclosure by the promoter regarding share pledging activity. Shareholders should look at the attached disclosure document for actual pledge creation, release, or invocation details, which could affect confidence depending on the direction of the change.