Dhruv M. Sawhney 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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Dhruv M. Sawhney, promoter of Triveni Engineering & Industries, has filed a disclosure with the stock exchange under Regulation 31(4) of the SEBI Takeover Regulations. This is a routine compliance filing required from persons who, along with those acting in concert, hold more than 25% of the company's shares or voting rights. The regulation requires such shareholders to declare their entire shareholding as encumbered in favour of the public shareholders. No change in ownership or encumbrance status is indicated by this filing.
This is a standard regulatory compliance disclosure and does not signal any change in promoter's stake, pledge activity, or ownership structure. Shareholders are unlikely to see any material impact on the stock from this filing.