Pranav Gupta For and on behalf of (i) Aditya Gupta, ii) Vatsal Gupta, iii) Raghav Gupta, iv) Shraddha Gupta, v) Vrinda Gupta (hereinafter referred to as Acquirers along with PACs) has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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Pranav Gupta, along with PACs Aditya Gupta, Vatsal Gupta, Raghav Gupta, Shraddha Gupta, and Vrinda Gupta, has filed a Regulation 10(6) report with the Exchange. This disclosure pertains to an acquisition that qualifies for an exemption from the open-offer requirement under Regulation 10 of SEBI (SAST) Regulations, 2011. Such Regulation 10 filings typically cover inter-se transfers among promoter family members or other transactions exempt from triggering a mandatory open offer. No details on the size, price, or number of shares involved have been provided in this filing summary.
This is a procedural compliance filing indicating that an acquisition involving the promoter group has taken place under an exempt category, so it is unlikely to trigger a public open offer for shareholders. Investors should look for the full disclosure to confirm that overall promoter shareholding and control of the company remain unchanged.