The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akhil Mittal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akhil Mittal has submitted a disclosure under SEBI's Takeover Regulations regarding an acquisition of shares in Ramchandra Leasing & Finance Ltd. The specific number of shares acquired and the resulting shareholding details are not clearly visible in the filing. A note in the document clarifies that Akhil Mittal and Pratika Sharma are currently non-promoters but will be reclassified as promoters of the company. The filing is signed by Mr. Akhil Mittal as the allottee.
This disclosure signals a change in the promoter structure of the company, with a new entrant set to be classified as a promoter. Retail investors should monitor for further announcements regarding shareholding changes and any related corporate actions.