Rasoi 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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Awaiting price reaction for this filing.
Rasoi Limited has submitted a disclosure to the exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, relating to Hindustan Composites Limited. This regulation applies when an entity holds more than 10% of shares or voting rights in a listed company and addresses the rules around further acquisitions (creeping acquisition limits). The full content of the disclosure — including current shareholding percentage and any recent change — is not disclosed in the headline. Shareholders should check the detailed filing on the exchange website. The filing is procedural compliance from Rasoi Limited regarding its holding in Hindustan Composites.
This is primarily a compliance filing; immediate stock price impact is unlikely unless the disclosure reveals a breach of the 10% threshold or a significant change in shareholding that requires an open offer.