The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Preeti Punia
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Preeti Punia. This regulation requires substantial shareholders and promoters to disclose acquisitions or disposals that cross the 2% shareholding threshold. The available headline does not specify the direction (buy or sell), the number of shares, or the resulting holding percentage, so the nature and size of the transaction cannot be determined from the provided text.
SAST 29(2) disclosures are routine compliance filings triggered when a significant holder's stake moves by 2% or more; the stock impact depends on whether this was a purchase (potentially supportive) or a sale (potentially negative), which is not clear from the information given.