Dinesh Krishnaswamy 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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Dinesh Krishnaswamy has filed a disclosure with the exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires shareholders holding more than 5% of a company to declare whether they intend to make further acquisitions of shares. The filing is a routine compliance submission and the specific details of the disclosure are not mentioned in the announcement. No numbers, transaction value, or stake percentage change are disclosed in the headline.
This is a standard regulatory compliance filing and is unlikely to have any direct impact on Infosys share price. Shareholders need not take any action, as it only confirms an individual's compliance with takeover code requirements.