The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for V G Siddhartha
COFFEEDAY · price
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BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by V G Siddhartha, the founder and promoter of Coffee Day Enterprises. This regulation requires promoters and any person holding over 5% of shares to report their share acquisition activity to the stock exchanges. The headline does not include the actual transaction details — such as the number of shares, price, or whether holding went up or down. Investors should check the full disclosure on the BSE website for specifics.
The market impact depends on whether this reflects a fresh purchase or sale and the volume involved. Shareholders should review the full filing to see how promoter holding has changed.