Composure Services Private Limited 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.
SAREGAMA · price
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On the reaction day the stock moved 3.7 pts less than Nifty Smallcap 250 and 3.7 pts less than its Media & Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Composure Services Private Limited, a member of the promoter group of Saregama India Limited, has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation pertains to disclosures regarding shares pledged or encumbered by the promoter group. The filing appears to be a routine compliance submission, but the specific details regarding the nature of the disclosure — whether related to creation, invocation, or release of a pledge — are not mentioned in the headline.
Routine in nature based on available information; investors should look for the full disclosure document to understand if any pledged shares were created, invoked, or released and whether this affects promoter shareholding visibility.