Vijay Patel 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.
Vijay Patel, a promoter of Radha Madhav Corporation Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the exchange. This regulation requires promoters to disclose their entire shareholding, including details of encumbered (pledged) shares, within two working days of any change. The announcement does not specify whether this disclosure relates to a change in pledged shares, stake movement, or encumbrance details. No specific numbers or direction of change have been shared in the public filing headline.
The disclosure itself is a regulatory compliance update and may not materially affect the stock, but the underlying details (if shared later) could indicate pledge activity or stake changes worth monitoring by shareholders.