Meghana Gopalakrishnan 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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Meghana Gopalakrishnan, a member of the Infosys promoter group, has filed a declaration under Regulation 31(4) of SEBI's Takeover Regulations with the stock exchange. This is a routine compliance filing required from shareholders who hold between 5% and 10% of a company's shares, confirming they will not make further acquisitions that would trigger the requirement for an open offer. No transaction details, share quantities, or changes in holding are disclosed in this filing. It does not indicate any buying, selling, or pledging activity.
This is a routine regulatory disclosure with no material impact on the stock price or shareholder value. It simply confirms the existing promoter group member will not make creeping acquisitions beyond the 5–10% threshold without launching an open offer.