Announced Tue, 9 Jun · 14:59 IST

Mr. Nivrutti Pandurang Kedar 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.

Ownership Changes View source PDF

RMDRIP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.6%1-day move
₹15.95
prior close
₹14.97
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.8+7.6+7.5+9.7+5.6+10.9+16.4+22.2+25.4+20.7+25.6+19.1
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AI summary

Mr. Nivrutti Pandurang Kedar, associated with R M Drip and Sprinklers Systems Limited, has filed a disclosure with the exchange under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires promoters and persons in control to submit a declaration confirming they have not dealt in the company's shares during the restricted period between the close of the financial year and board approval of financial results. The filing itself is a routine compliance submission and does not detail any specific share transactions, pledge changes, or ownership shifts.

Likely market impact

This is a routine regulatory compliance filing and is unlikely to have any material impact on the stock price or shareholder interests. Investors should look out for separate disclosures if any actual share dealing occurs.