JUSTDIALNSEJust Dial LimitedMinimalNeutral
Announced Wed, 18 Jun · 21:07 IST

Manasi Iyer 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manasi Iyer, a member of the promoter group of Just Dial Limited, has filed a declaration with the stock exchanges under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration confirms that she has not created any encumbrance (such as pledging or hypothecation) on her shares of Just Dial at any time during the financial year 2024-25. This is a routine annual compliance filing required from promoter group members regarding their shareholding status.

Likely market impact

This is a neutral regulatory compliance filing. The fact that no encumbrance was created on the promoter's shares means there is no risk of forced selling due to pledge-related triggers, which is mildly reassuring for shareholders.