Disclosure under SEBI Takeover Regulations

Gujarat Alkalies and Chemicals Limited announced that its promoter, the Government of Gujarat (via the Energy and Petrochemicals Department), has filed a disclosure with the stock exchanges. This filing is made under Regulations 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The communication confirms compliance with these regulations, which typically pertain to disclosures related to encumbrance or release of shares by promoters. For investors, this signifies routine regulatory adherence by a key shareholder, with specific details of any share movements or encumbrances not provided in this particular notification.