V Venugopalan For and on behalf of Gaurav Agarwala 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.
Awaiting price reaction for this filing.
A regulatory disclosure has been filed with the exchange on behalf of Gaurav Agarwala (through representative V Venugopalan) under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires every person who holds more than 25% of the voting rights in a company to disclose their aggregate shareholding and any changes made during the period. The filing is a routine compliance requirement for substantial shareholders of Mangalore Chemicals & Fertilizers. Specific details on whether the shareholding has increased, decreased, or remained unchanged are not available from the headline alone.
This is a compliance filing and does not by itself signal a major event. Shareholders should look for the actual disclosure document to see if there has been any meaningful change in the promoter or substantial shareholder's stake, which could affect the company's ownership structure.