VCLNSEVaxtex Cotfab LimitedMediumNeutral
Announced Fri, 5 Jun · 12:35 IST

Bharti Kailash Gupta, Mithlesh Kumar Agraval, Vax Enterprises Private Limited, Khushant Gupta, Qmin Industries Limited (formerly known as Qmin Industries Private 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.

Ownership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+6.6%1-day move
₹1.37
prior close
₹1.40
base price
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AI summary

Bharti Kailash Gupta, Mithlesh Kumar Agraval, Vax Enterprises Private Limited, Khushushant Gupta, and Qmin Industries Limited (entities appearing to belong to the promoter group) have submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation specifically pertains to reporting of encumbered (pledged or otherwise locked) shares held by promoters and persons acting in concert. The filing has been made with the exchange, but the specific details — such as the number or percentage of shares pledged, released, or invoked — are not visible in this announcement text.

Likely market impact

The announcement itself is a routine compliance filing, but Regulation 31(4) disclosures often precede or accompany changes in pledged shares by promoters. Retail investors should look up the actual disclosure details on the NSE/BSE portal to understand whether promoter shares have been newly pledged, released, or invoked, as such moves can materially affect stock price sentiment.