P Viswanathan 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.
WHEELS · price
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P Viswanathan, a promoter of Wheels India Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the stock exchange. This regulation requires promoters to disclose any encumbrance (such as pledges or liens) on shares held by them. The specific details of the disclosure — whether it relates to a new pledge, a release, or a change in encumbrance status — are not provided in this headline.
Since the actual content of the disclosure is not shared, there is no immediate clarity on whether this affects promoter shareholding or encumbrance levels. Investors should check the detailed disclosure document on the NSE portal to understand if there is any material change in pledged shares.