Rajesh Lawande 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.
NGLFINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajesh Lawande, a member of the promoter group of NGL Fine-Chem Limited, has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons acting in concert to report changes in their shareholding exceeding 2% of the company's total share capital. The announcement does not specify the exact quantum or direction (buy or sell) of the change in shareholding.
This is a routine compliance filing by a promoter and typically does not have a direct material impact on the stock price, unless the disclosure indicates a significant increase or decrease in promoter holding.