Jullundur Motor Agency (Delhi) Limited 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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Jullundur Motor Agency (Delhi) Limited has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires promoters or persons acting in concert who have previously made a public announcement for creeping acquisition of shares to periodically disclose details of their aggregate shareholding and any changes. The filing is a routine regulatory compliance submission and the contents of the disclosure (actual shareholding details or changes) are not provided in the announcement headline.
This is a standard compliance filing under the Takeover Code and is unlikely to have any immediate impact on the stock price. Shareholders should look at the actual disclosure document for details on any changes in promoter or promoter group shareholding.