S. 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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S. Gopalakrishnan, co-founder of Infosys, has submitted a disclosure to the stock exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation relates to the disclosure of encumbered (pledged) shares held by promoters. The filing itself does not specify whether shares were newly pledged, released, or invoked, nor does it mention the number of shares or percentage involved. The disclosure is a routine compliance requirement for promoters under Indian securities law.
This is a routine regulatory filing and does not indicate any material change in promoter shareholding or pledging status unless accompanied by further details. Investors should look for the full disclosure document to understand the exact nature of any change in encumbered shares.