Disclosure under SEBI Takeover Regulations

Surya Roshni Limited announced that its promoter, Jai Prakash Agarwal, has submitted a disclosure to the exchange. This filing falls under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This specific regulation typically requires promoters to disclose details regarding the creation, invocation, or release of encumbrance (such as share pledging) on their holdings. While specific transaction details are not included in this announcement, such disclosures provide investors with important information regarding changes in promoter shareholding status and financial commitments.