Mahabir Prasad Agrawal (on behalf of self and PACs) of the Company 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.
MANAKALUCO · price
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Mahabir Prasad Agrawal, acting on behalf of himself and persons acting in concert (PACs), has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of shares they have pledged or encumbered. The filing confirms encumbrance-related disclosure activity but does not specify whether the pledge has increased, decreased, or reached any particular threshold. No specific share counts or percentage figures are mentioned in the public announcement.
For shareholders, this signals promoter-level pledge activity at Manaksia Aluminium, but without the actual disclosure numbers, the direction and magnitude of the change are unclear. Investors should look for the detailed disclosure to assess any risk of margin calls or forced sale of pledged shares.