Ganesh Nibe 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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Ganesh Nibe, identified as a promoter of NIBE Limited, has submitted a copy of his 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 members of the promoter group to disclose details of shares they hold that are pledged or otherwise encumbered. The announcement does not include the specifics of the disclosure itself, such as the number of shares involved or whether there is a new pledge, a release, or an invocation.
Until the detailed contents of the disclosure are reviewed, investors cannot assess the impact on promoter shareholding or any change in encumbered shares. Investors should look for the full disclosure to understand any pledge-related changes that could affect promoter holding visibility.