The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhishek Narbaria
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Abhishek Narbaria. This regulation requires any person to disclose to the company and exchanges when their voting shareholding crosses 5% or changes by more than 2% from a previously disclosed level. The filing itself is a routine regulatory disclosure and indicates a change in Abhishek Narbaria's shareholding in Belding India Ltd that crossed the prescribed threshold. No specific transaction value, percentage change, or direction (buy/sell) is mentioned in the headline, so the exact nature of the shareholding movement cannot be determined from this notification alone.
This is a routine compliance disclosure and is not by itself a price-moving event. Shareholders should look at the full Form 29(1) filing or the next SAST holding disclosure to understand whether this represents an acquisition, disposal, or change in the nature of encumbrance, and to assess any implications for ownership concentration in Belding India Ltd.