The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Sharma & Arjit Sachdeva
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Anka India Ltd has filed a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, made by individuals Amit Sharma and Arjit Sachdeva. This regulation requires shareholders holding 5% or more of voting rights, or those crossing the 2% acquisition/disposal threshold, to report their share dealings to the stock exchange. The headline confirms the receipt of the disclosure on BSE but does not specify whether shares were bought or sold, the number of shares involved, or the resulting shareholding percentage.
This is a routine regulatory compliance filing under takeover rules and, on its own, may not signal a material change in ownership. Shareholders should look for the detailed disclosure note to understand whether it represents an increase or decrease in stake, which would be more meaningful for the stock.