T T Jagannathan 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.
TTKHLTCARE · price
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T T Jagannathan, a promoter of TTK Healthcare, has submitted a disclosure to the exchange under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation applies to persons who hold more than 25% but less than the maximum permissible non-public shareholding in the company. The disclosure essentially confirms the promoter's compliance with the creeping acquisition limit, which restricts buying additional shares beyond 5% per financial year without making a public open offer. No specific share quantity or transaction details are mentioned in the filing headline itself.
This is a routine regulatory compliance filing by a promoter and is unlikely to have any material impact on the stock price or shareholder value. It simply reaffirms that the promoter is operating within the legally permitted acquisition limits.