Disclosure under SEBI Takeover Regulations

Almondz Global Securities Limited has announced a disclosure received from Manpreet Singh under Regulation 31(4) of the SEBI Takeover Regulations, 2011. This regulation requires promoters to disclose changes in encumbrance, such as the pledging or release of shares. While specific transaction details are not provided, this filing ensures transparency regarding the promoter's stake in the company. Investors should monitor such disclosures as they offer insight into the promoter's financial arrangements and potential stability of their shareholding.