Priti Lohiya 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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Priti Lohiya, a member of the promoter group of Priti International Limited, has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and major shareholders to disclose incremental changes of 2% or more in their shareholding after crossing the 5% threshold. The headline does not specify whether the change is a purchase or sale, or the exact quantum of shares involved.
This is a routine regulatory compliance filing and, in isolation, is not material enough to drive stock price movement. Investors should check the detailed disclosure on the NSE/BSE portal to understand whether the promoter is buying or selling and the exact change in shareholding.