Mrs. Supriya Rojekar has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Mrs. Supriya Rojekar, a member of the promoter/promoter group of Ravindra Energy Limited, has submitted a disclosure to the stock exchange under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation pertains to inter se transfers of shares between promoters or persons in control that are exempt from the mandatory open offer requirement. The filing is a routine regulatory compliance related to an internal promoter-group share transfer. No specific details about the number of shares transferred, the counterparty, or the transaction value are provided in the announcement.
This is a routine compliance disclosure about an internal promoter-group share reshuffle and is unlikely to have any material impact on the company's operations or stock price, as it does not change the overall promoter group holding in the company.