Sanjay Kabra 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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Sanjay Kabra, a substantial shareholder or promoter of Raghav Productivity Enhancers Limited, has submitted a disclosure to the stock exchange under SEBI's Takeover Regulations. This regulation requires persons holding more than 5% of a company's shares to report any change in their holding exceeding 2% of total share capital. The filing confirms timely regulatory compliance, but the specific direction (buy or sell) and percentage change are not mentioned in the headline. No immediate financial numbers or transaction details are disclosed in this announcement.
This is a routine compliance filing under SEBI takeover rules and may not have a direct impact on the stock price. Investors should look at the detailed disclosure to understand whether it signals a promoter buying or selling stake in the company.