Roma Wadhwa 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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Roma Wadhwa, a promoter of Ritco Logistics Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation typically pertains to promoters disclosing details of encumbered (pledged) shares or changes in their shareholding encumbrance. The exact nature of the disclosure — whether it involves creation, release, or invocation of a pledge, or a change in promoter stake — is not specified in the headline.
This is a routine regulatory filing. Investors should look for further details to understand whether it indicates any change in pledged shares or promoter holding, which could affect stock sentiment depending on the direction of the change.