Kumari Shibulal 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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Kumari Shibulal, a promoter of Infosys Limited, has filed a disclosure with the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of shares they have encumbered (pledged or otherwise used as collateral). The exact nature of the disclosure — whether it involves creation, release, or invocation of a pledge — is not specified in the headline. No changes to overall promoter shareholding are implied by this filing.
This is a routine regulatory disclosure relating to pledged shares held by an individual promoter and is unlikely to have a material impact on Infosys's stock price or overall promoter holding in the company.