The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 25, 2025 for Mrs. Kiran Mittal
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Rita Finance and Leasing Ltd has submitted a disclosure to the BSE under Regulation 31(1) and 31(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The disclosure pertains to Mrs. Kiran Mittal, who is understood to be part of the promoter/promoter group, and was received on June 25, 2025. Regulation 31 filings typically relate to disclosures of encumbrance (pledge) on shares held by promoters. No specific details on the nature, percentage, or direction of the encumbrance change are available from the headline alone.
Without details on whether this is a pledge creation, invocation, or release and the percentage involved, the immediate impact on shareholders is unclear. Investors should check the full disclosure for specifics on the change in encumbrance on promoter-held shares.