The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tapan Agarwal
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The stock exchange has received a disclosure filing under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, made by an individual named Tapan Agarwal in relation to Available Finance Ltd. The actual disclosure document was not accessible (the BSE page returned an error/moved notice), so details such as the nature of the transaction (acquisition or disposal), the number of shares involved, the price, and the resulting shareholding percentage are not available. Reg 29(2) filings are typically made by promoters or persons holding 5% or more when there is a change of 2% or more in their voting rights, or when crossing certain shareholding thresholds.
The impact on shareholders cannot be assessed without the underlying transaction details. Investors should look for the full disclosure on the BSE corporate announcements page to determine whether the insider is buying (a positive signal) or selling (a potentially negative signal) and to track any change in promoter or major shareholder stake.