Minal Somany 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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Minal Somany has filed a declaration with the exchange under SEBI's Takeover Regulations. This regulation requires shareholders holding between 25% and 75% to disclose that they have not exceeded the permissible creeping acquisition limit (typically 5% in a financial year). This is a routine compliance filing, not a new purchase or sale of shares. The filing confirms the existing shareholding level remains within regulatory thresholds.
This is a standard regulatory compliance disclosure with no impact on share price or shareholding structure. Retail investors should view this as routine housekeeping by a major shareholder.