Pramod Kumar Gupta 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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Promoter Pramod Kumar Gupta has submitted to the exchange a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of shares they have pledged or otherwise encumbered. The actual content of the disclosure — such as the number of pledged shares, any change in encumbered holdings, or the extent of pledged shares relative to total holdings — is not included in this filing announcement. Further details would be available in the actual disclosure document submitted to the exchange.
The filing itself is a routine regulatory disclosure and does not by itself indicate any negative or positive corporate action. Investors should review the actual disclosure to understand whether the promoter's pledged holdings have increased, decreased, or crossed any notable threshold, as high pledging by promoters can be a risk factor.