Tanush 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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Tanush Nilekani, a promoter of Infosys, has submitted a disclosure to the stock exchange as required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation pertains to the disclosure of encumbrance (pledge or similar charges) on shares held by promoters and persons in control of a company. The announcement does not provide specific details about the nature, quantum, or any change in encumbrance on Infosys shares held by Tanush Nilekani.
This is a routine regulatory compliance filing by a member of the promoter family. Shareholders should wait for the actual disclosure document to understand whether any pledge has been created, modified, or released on shares, as that would determine the real impact on the stock or promoter holdings.