Pranav Shankar Saboo has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
KDDL · price
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Pranav Shankar Saboo, a promoter of KDDL Limited, has filed a disclosure with the stock exchange under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing reports an acquisition made by the promoter that qualifies for exemption from the mandatory open offer requirement under Regulation 10. No specific details on the number of shares acquired, the price, or the post-acquisition holding have been provided in the headline. The exact size and nature of the acquisition are not disclosed in this announcement.
This is a routine regulatory filing by the promoter about an acquisition that did not trigger a mandatory open offer due to a regulatory exemption. Shareholders should look for the detailed disclosure attachment for specifics on shares acquired and updated promoter holding. No material impact on the stock is expected from the filing itself.