Ch. Krishna Murthy 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.
VISHNU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ch. Krishna Murthy, a shareholder of Vishnu Chemicals, has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. This regulation applies to persons who hold more than 5% but less than 10% of a company's shares, and it restricts such shareholders from acquiring more than 2% additional stake in any financial year without triggering an open offer. The disclosure confirms compliance with this creeping acquisition limit. Specific details of the current holding or the nature of the change are not disclosed in the headline.
This is a routine regulatory filing indicating compliance with takeover rules by a significant shareholder. No immediate impact on the stock price is expected, but investors may want to monitor whether this signals any further buying or selling activity by the shareholder.