NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 05:02 pm

Disclosure under SEBI Takeover Regulations

Power & Instrumentation (Gujarat) Limited · PIGL

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Padmaraj Padmnabhan Pillai, a promoter of Power & Instrumentation (Gujarat) Limited, has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation specifically pertains to disclosures regarding encumbered shares by promoters. The announcement states only that the disclosure was made, without providing specific details on the nature or extent of the share encumbrance.

Analysis Scores

Earnings Impact5/10
Growth Catalyst5/10
Governance Concern5/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10

Full Announcement

Padmaraj Padmnabhan Pillai 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.