Hariom Pipe Industries: Rupesh Kumar Gupta Disclosure Under SEBI Takeover Regs

Rupesh Kumar Gupta, a partner in M/s. Ultra Pipes and part of the promoter group of Hariom Pipe Industries Ltd, has submitted a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This filing pertains to an administrative transfer of shares from his PAN (as registered owner) to the PAN of M/s. Ultra Pipes (as beneficial owner). The company clarifies that this is an internal record alignment and there is no change in the ultimate beneficial ownership or the shareholding pattern. The transfer involves 2,333,338 shares, representing 7.53% of the total share capital.