Srinivas Koora 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.
XELPMOC · price
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Srinivas Koora, a person identified as a promoter/key stakeholder of Xelpmoc Design And Tech Limited, has submitted a disclosure under Regulation 31(4) of SEBI's Takeover Regulations to the exchange. This regulation requires persons holding 25% or more of a company's shares to confirm that they have not acquired additional shares beyond the permitted creeping acquisition limit (up to 5% per financial year) without making an open offer to other shareholders. The filing is a routine regulatory compliance submission and does not indicate any change in shareholding.
This is a routine compliance filing with no direct impact on shareholder value or stock price. It simply confirms that the named person is abiding by SEBI takeover rules and has not crossed the creeping acquisition threshold. Investors should treat this as informational only.