Nandan Nilekani 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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Infosys co-founder and Chairman Nandan Nilekani has submitted a copy of his disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the stock exchanges. This is a periodic regulatory filing that details an entity's shareholding in Infosys along with any encumbrances such as pledges on those shares. The announcement itself does not specify any changes in holdings, pledge creation, release, or invocation. Investors should review the attached disclosure document for the exact shareholding figures and any encumbrance status.
This is a routine compliance filing and on its own carries no direct price impact, though the underlying disclosure may show whether any of Nilekani's shares are pledged or have changed in encumbered status.