Vivek Kumar Sharma, On behalf of the President of India, Ministry of Mines, Government of India 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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Vivek Kumar Sharma, acting on behalf of the President of India (Ministry of Mines, Government of India — the promoter of NALCO), has submitted a copy of a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Regulation 31(4) deals with disclosures related to encumbrance (pledge, lien, or any similar restriction) on shares held by the promoter. The announcement does not specify whether the disclosure relates to creation, invocation, or release of any encumbrance, and no share quantity or percentage figures are mentioned.
Since the contents of the disclosure (numbers, direction of pledge change) are not shared in this announcement, investors should wait for the attached disclosure document or check the exchange filing for actual details before drawing any conclusion about its impact on the stock.