INDTERRAINNSEIndian Terrain Fashions Limited· Textile ProductsMediumNeutral
Announced Thu, 26 Jun · 21:24 IST

Rama Rajagopal 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rama Rajagopal, associated with Indian Terrain Fashions, has submitted a copy of disclosure under Regulation 31(4) of SEBI's Takeover Regulations to the exchange. This regulation pertains to the disclosure of encumbered (pledged) shares held by promoters and promoter group entities. The filing is a periodic compliance requirement and typically contains details on the number and percentage of shares that are pledged or otherwise encumbered. The headline itself does not specify whether shares have been newly pledged, released, or invoked, nor does it mention any quantitative details.

Likely market impact

This is largely a routine compliance filing and may not have a direct material impact on the stock price. Investors should look for the actual disclosure document to understand any changes in pledged share positions that could affect promoter holding stability.