�Arjun Milan Mehta�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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Arjun Milan Mehta, a promoter of Precision Wires India Limited, has filed a disclosure with the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of encumbered (pledged) shares held by them. The filing indicates a change or update in the pledge status of shares held by the promoter, though the exact nature of the change (creation, release, or invocation of pledge) is not specified in the available headline. The disclosure has been submitted as part of routine regulatory compliance for monitoring promoter share encumbrances.
This is a routine regulatory disclosure regarding pledged shares by a promoter. Without details on whether the pledge was created, released, or invoked, investors should watch for any follow-up filings that may reveal the specific change in encumbered holdings.