Hapreet Singh Malhotra 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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Hapreet Singh Malhotra, a promoter of Tiger Logistics (India) Limited, has submitted a disclosure to the exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons acting in concert to disclose details of their entire shareholding, including encumbered (pledged) shares, on a continuous basis. The filing confirms compliance with this disclosure requirement. No specific details on the quantum of shares, pledge creation, release, or any change in shareholding were mentioned in the headline.
This is a routine regulatory disclosure and is unlikely to have a direct impact on the stock price or shareholders. Investors should look for any accompanying details on pledge creation, invocation, or changes in promoter holding for material signals.