STLTECHNSESterlite Technologies LimitedMediumNeutral
Announced Tue, 2 Jun · 09:49 IST

Sterlite Technologies 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.

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹562.95
prior close
₹589.00
base price
In-mkt
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+0.1+0.1+0.0-0.1+10.2+15.7+10.0+4.5+8.7+4.6+6.1-0.3
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AI summary

Sterlite Technologies has filed a disclosure with the exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires promoters and persons acting in concert to disclose details of shares they have encumbered (pledged or otherwise locked in) with any entity. The filing confirms compliance with this disclosure requirement, but the specific details such as the number of shares encumbered, percentage of promoter holding, or changes in encumbrance levels are not disclosed in the headline.

Likely market impact

The filing itself is a routine regulatory compliance disclosure and is not an announcement of a new pledge or pledge release. Investors should look for the accompanying disclosure details to understand if there has been any significant change in pledged shares, which could affect promoter holding stability and stock sentiment.