The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Malavika Hegde
COFFEEDAY · price
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Malavika Hegde, a member of the promoter group of Coffee Day Enterprises. This regulation requires promoters and promoter group entities to disclose changes in their shareholding (typically acquisitions exceeding 2% in a financial year, or inter se transfers within the promoter group) within two trading days. The full details of the transaction — whether it is a purchase, sale, or inter se transfer, along with the exact quantity and pre/post shareholding — are not included in the headline and would be available in the actual disclosure form filed with the exchanges.
For retail investors, this is a routine promoter-group compliance filing rather than a market-moving event on its own. Investors should review the accompanying disclosure form to check whether the promoter group is increasing or reducing its stake, as this can influence perception of insider confidence in the company.