The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CM Airtime Promotion LLP
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On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 1.0 pts more than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BSE has received a disclosure from CM Airtime Promotion LLP under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires entities to disclose changes in their shareholding/voting rights in a listed company. The actual document content was not accessible (the linked BSE page returned an error). Therefore, key details such as the nature of the transaction (acquisition or sale), number of shares, and the resulting shareholding percentage are not available from the provided material.
Without the actual disclosure details, the precise impact on shareholders cannot be determined. However, Reg 29(2) disclosures generally indicate a notable shift in the disclosing entity's stake, which investors may want to track for changes in ownership patterns.