SVC Industries clarifies SEBI takeover code disclosure discrepancies

SVC Industries Limited has submitted a revised disclosure to BSE Limited addressing discrepancies noted by the exchange regarding filings under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company provided point-wise replies to issues such as missing reporting dates, reasons for encumbrance, format adherence, and consolidated reporting of post-event holdings for Akhil Marketing Pvt. Ltd. SVC Industries confirmed that all required information was provided in the annexures and that the disclosure format has been reviewed and corrected as per SEBI circulars. The filing also included a disclosure from Akhil Marketing Pvt Ltd and others, detailing the pledge and non-disposal undertaking of equity shares.