Ramesh D Hariani 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.
ORIENTHOT · price
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Ramesh D Hariani, a promoter or key shareholder of Oriental Hotels Limited, has submitted a disclosure to NSE under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation pertains to the disclosure of encumbered (pledged) shares or any change in the number of encumbered shares held by promoters and other required persons. The headline does not specify whether this is an initial disclosure or a change in existing encumbrance, nor does it provide specific numbers.
This is a routine regulatory compliance filing related to pledged/encumbered shares. Without specific details on whether the encumbrance has increased or decreased, investors should check the full disclosure to understand if there is any change in the promoter's pledged holdings, which could affect confidence in the stock.