The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nidhi Agarwal
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BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Nidhi Agarwal. This regulation requires promoters and members of the promoter group to report any acquisition or disposal of shares that crosses certain thresholds (typically 2% of voting rights in a financial year). The specific nature of the transaction (buy or sell), the number of shares involved, and the resulting shareholding percentage are not detailed in the available headline. The filing indicates a change in promoter-group shareholding that has been formally disclosed to the exchange.
This is a routine regulatory disclosure and is likely to have minimal direct impact on the stock price. Shareholders should look for the full disclosure to understand whether this was an acquisition or disposal and how it affects the promoter group's overall holding in the company.