Touchwood Entertainment 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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Touchwood Entertainment 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 certain acquirers or promoters to confirm compliance with the creeping acquisition limits (i.e., that they have not acquired more than the permitted percentage of voting rights during the financial year). The headline does not disclose the specific number of shares held, the percentage acquired, or the identity of the acquirer. Detailed figures are not provided in this filing.
This is a routine regulatory compliance filing and, on its own, is unlikely to have a material impact on the stock price. Shareholders should watch for the full disclosure details to confirm whether there is any change in promoter or substantial shareholder holdings.