Dinesh Nolkha 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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Dinesh Nolkha, a promoter of Nitin Spinners Limited, has filed a disclosure with the stock exchange as required under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This is a routine compliance filing that promoters must submit when they buy or sell shares of the company without crossing the takeover code threshold (i.e., within the permissible creeping acquisition or sale limit of 5% per financial year). The exact direction of the transaction (purchase or sale) and the quantum of shares are not specified in the headline. No change in control is implied — this is purely a regulatory disclosure.
This is a routine compliance filing and does not indicate any change in control, pledge action, or major stake change. Shareholders need not take any action; the disclosure is meant to ensure transparency on promoter-level share movements.