Hrishikesh A. Mafatlal 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.
NOCIL · price
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Mr. Hrishikesh A. Mafatlal, a promoter of NOCIL Limited, has submitted a disclosure to the exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation specifically pertains to disclosures related to the pledging or invocation of promoter shares. The exact nature of the disclosure—whether it relates to the creation of a new pledge, invocation of an existing pledge, or release of a pledge—is not specified in the announcement. Details on the number of shares involved and the percentage of promoter holding affected would be found in the attached disclosure document.
This is a routine compliance filing related to promoter share pledging activity. Investors should review the detailed disclosure document to assess whether the pledge activity could have implications for promoter holding stability or stock price sentiment.