The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Petroproducts Ltd
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BSE has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed in connection with Raj Petroproducts Ltd. This regulation requires shareholders to disclose changes in their shareholding when crossing specific thresholds in a listed company. The filing appears to relate to Brijlaxmi Leasing & Finance Ltd as the entity on whose shares the disclosure has been made. The headline does not specify whether the change is a purchase or sale, the exact percentage change, or the identity of the acquirer.
Without details on the direction (buy or sell), the size of the change, or the acquirer's identity, the direct impact on shareholders or stock price is unclear. Investors should look for the full disclosure to understand if a significant shareholder has crossed an important ownership threshold.