Jyotsna Poddar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011
TEXINFRA · price
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Jyotsna Poddar, a member of the promoter group of Texmaco Infrastructure & Holdings Limited, has submitted a disclosure to the stock exchange under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing reports an acquisition of shares that was made by her under the exemption provided in Regulation 10, which allows certain inter se transfers and incremental acquisitions among promoter group entities without triggering the open offer requirement. The disclosure is a mandatory reporting requirement to keep the exchange informed of such exempted acquisitions within the promoter group.
This is a routine regulatory disclosure confirming an internal promoter group share acquisition and does not indicate a change in overall promoter control. It is unlikely to have a material impact on the stock price, as no open offer is triggered and the combined promoter shareholding remains unchanged.