Sushma Goel 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.
OMAXE · price
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Sushma Goel, a member of the promoter group of Omaxe Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the stock exchange. Regulation 31(4) pertains to disclosures regarding encumbered (pledged) shares held by promoters. The filing only confirms submission of this disclosure; specific details on the nature of encumbrance creation, release, or invocation are not provided in the announcement text.
Promoter pledge-related disclosures are routine compliance filings but are worth monitoring, as high pledged holdings or invocation of pledges can pressure stock prices. Shareholders should look for the actual disclosure details to assess any material change in pledged shares.