BLACKBUCK LIMITED has informed the Exchange regarding 'Disclosure Received under Regulation 29(2) of SEBI (Substantial Acquisition of Shares andTakeover) Regulations, 2011.'.
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BlackBuck Limited has informed NSE that it has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeover Regulations. This type of filing is made when a shareholder (promoter, FII, or other entity) acquires or disposes of shares crossing the 2% threshold of the company's paid-up share capital. The specific details — including who made the disclosure, whether it was a buy or sell, and the exact percentage change — are not provided in this announcement.
Without additional details on the direction and quantum of the transaction, the precise impact on shareholders or stock price cannot be determined. Investors should monitor further disclosures from the company for clarity on the nature of the deal.