Rishav Mehta has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011
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Rishav Mehta has submitted a disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing reports an acquisition of shares that was carried out under an exemption provided under Regulation 10, which typically covers inter se transfers among promoters or qualifying persons that are exempt from the mandatory open offer requirement. No specific numbers (shares acquired, price, or resulting holding) have been detailed in the headline.
This is a procedural compliance filing relating to a pre-disclosed exemption, so it is unlikely to trigger any immediate open offer obligation. Shareholders should review the detailed disclosure for any change in shareholding that could affect control or promoter holding patterns of the company.