Disclosure received under SEBI takeover regulations
ADVAIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Advait Energy Transitions Limited informed the exchange about receiving a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation is typically filed when a non-promoter entity such as a mutual fund, insurance company, FII, or bank acquires or sells shares crossing the 5 percent shareholding threshold. The filing does not include details on which entity made the disclosure, whether it was a buy or sale, or the exact shareholding change.
Suggests a meaningful shift in institutional or non-promoter shareholding beyond 5 percent, worth tracking for ownership pattern changes.