Paisalo Digital Limited 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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Paisalo Digital Limited has submitted a disclosure under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires the promoter and promoter group to declare that they have not sold any shares during the open offer period — that is, between the date the open offer was triggered and its completion. The filing is a routine compliance submission, and no specific transaction details or share figures are mentioned in the headline.
This is a regulatory compliance formality with no material impact on shareholders or stock price. It simply confirms that promoters have not offloaded shares while an open offer is in progress.