Shivalik Rasayan 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.
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Shivalik Rasayan Limited has filed a disclosure with the exchange as required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires acquirers holding more than 15% but less than the maximum non-public shareholding limit to disclose their total shareholding along with details of any encumbered (pledged) shares. The announcement does not provide specific details about whether this involves creation, invocation, or release of pledged shares, or any change in promoter or FII holdings.
This is a routine regulatory compliance filing and is not necessarily indicative of any positive or negative corporate event. Investors should look for the actual disclosure details to understand whether there has been any change in promoter shareholding or pledge status.