Neogem India: Rekha Doshi Revised Share Disclosure (Reg 31)

Rekha Mahindra Doshi submitted a revised disclosure under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, concerning Neogem India Ltd. The revision addresses discrepancies related to the release of pledged shares. The pledge was released as borrowed funds were repaid, and the security was released. The initial disclosure lacked details regarding the type and reason for the release of encumbrance, which were previously pledged in favor of Pranav Financial Services Private Limited.