Tera Software 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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Tera Software Limited has submitted a disclosure to the stock exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation requires shareholders holding 5% or more to report any further acquisition or sale of shares exceeding 2% of the company's total shares within a financial year. The filing confirms the submission of this disclosure but does not include the specific details of the transaction, such as the name of the acquirer, the number of shares, or whether it is a buy or sell.
This is a routine regulatory compliance filing and is largely neutral for shareholders. The actual impact depends on the contents of the disclosure, which have not been shared in this filing.