Snehdeep Aggarwal has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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Awaiting price reaction for this filing.
Snehdeep Aggarwal has submitted a disclosure to the stock exchange under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires reporting to the exchange when an acquirer buys shares under the exemption provided in Regulation 10, which covers acquisitions that do not trigger an open offer obligation. The filing confirms that an acquisition was made by Aggarwal, who is likely part of the promoter or promoter group of Bhartiya International Limited. Specific details such as the number of shares acquired, the price, or the resulting shareholding percentage are not disclosed in the headline and would need to be reviewed in the full filing.
For shareholders, this is a routine compliance filing indicating a promoter-group acquisition done under a regulatory exemption, meaning no open offer obligation was triggered. The market impact is typically neutral unless the acquisition size is material.