Government of India Ministry of Power 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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Power Finance Corporation (PFC) has informed the stock exchanges that the Government of India, Ministry of Power — its promoter — has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Regulation 31(4) specifically deals with the disclosure of encumbered (pledged) shares held by the promoter. This is a routine compliance filing, and the announcement does not include the actual numbers or details of the disclosure itself.
Since the specific details of the disclosure (such as pledge quantity, creation, invocation, or release) have not been provided in this announcement, the exact impact on the stock cannot be determined. Investors should look for the detailed disclosure document or any further clarification from the company or the Ministry of Power to understand the nature and size of any pledge-related activity.