PHOENIXLTDNSEThe Phoenix Mills Limited· ConstructionMediumNeutral
Announced Mon, 28 Apr · 13:05 IST

Atul Ashokkumar Ruia For and on behalf of Promoter/Promoter Group and Persons Acting in Concert (PACs) of the Company 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

PHOENIXLTD · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Atul Ashokkumar Ruia, on behalf of the Promoter/Promoter Group and persons acting in concert (PACs) of The Phoenix Mills Limited, has filed a disclosure under Regulation 31(4) of SEBI's Takeover Regulations, 2011 with the stock exchange. This regulation requires promoters to disclose details of shares held and any encumbered (pledged) shares when there is a change in their aggregate value. The filing itself is a routine compliance submission, and the detailed shareholding and pledge numbers would be contained in the attached disclosure document, which has not been shared here.

Likely market impact

For shareholders, this is a procedural disclosure relating to promoter shareholding and any pledged shares. Without the actual numbers in the disclosure, investors should check the attached Regulation 31(4) form to see if there is any increase or decrease in pledged shares, which could affect promoter holdings visibility.