SPLPETRONSESupreme Petrochem LimitedMediumNeutral
Announced Thu, 24 Apr · 17:37 IST

R. RAHEJA INVESTMENTS PRIVATE LIMITED, Mr. Rajan Raheja, Mrs. Suman Raheja, Mr. Akshay Raheja, Mr. Viren Raheja, Hathway Investments Private Limited, Bloomingdale Investment & Finance Private Limited, Matsyagandha Investments & Finance Pvt. Ltd., 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

Awaiting price reaction for this filing.

AI summary

The promoter group of Supreme Petrochem Limited — including R. Raheja Investments, the Raheja family members (Rajan, Suman, Akshay, and Viren Raheja), and three investment entities (Hathway Investments, Bloomingdale Investment & Finance, and Matsyagandha Investments & Finance) — has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of pledged shares once the aggregate encumbered holding crosses 20% of total share capital or voting rights. The filing itself is a compliance submission and does not state the exact pledge percentage, nor whether the pledge has changed.

Likely market impact

For shareholders, this confirms that the promoter group has pledged a meaningful portion of its holding (above the 20% regulatory trigger). Any sharp increase in pledged shares or invocation of pledges could pressure the stock, while a reduction would be a positive signal. Without further details, the disclosure itself is a routine regulatory filing rather than a fresh event.