Shashank Jagawat 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.
SHANTIGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shashank Jagawat 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 requires any person who has acquired more than 5% of a company's voting rights to disclose details of their entire shareholding to the company and exchanges. The filing is a compliance disclosure confirming details of shareholding in Shanti Gold International Limited. No specific numbers on shares acquired or total holding were mentioned in the headline.
This is a routine regulatory disclosure and is unlikely to have a direct impact on the stock price. Investors should watch for further details on the size of the acquisition to assess whether a significant new shareholder is building a position in the company.