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 (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Malavika Hegde, a member of the promoter group of Coffee Day Enterprises. This regulation requires promoters to disclose changes of 2% or more in their shareholding due to acquisition or disposal of shares. The filing has been made but the specific details such as direction (buy or sell), number of shares, or the change in percentage are not available in the provided information.
Shareholders should look for the detailed disclosure to understand whether this represents a stake increase or reduction by the promoter group. Any notable move by the Hegde family would be significant given the company's history following the founder's demise and ongoing debt restructuring efforts.