DBSTOCKBROBSEDB International Stock Brokers LtdHighNeutral
Announced Fri, 4 Apr · 15:19 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shanker Credits Pvt Ltd & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Shanker Credits Pvt Ltd along with its Persons Acting in Concert (PACs). This regulation requires shareholders holding 5% or more (or their PACs) to disclose any further change of 2% or more in their shareholding, whether by acquisition or disposal. The headline does not specify the direction (buy or sell) or the quantum of the change. DB International Stock Brokers is the company whose shares are involved.

Likely market impact

This is a routine regulatory compliance filing and typically has no immediate impact on the stock price. Investors should look for the detailed disclosure to understand whether PACs are increasing or trimming their stake in DB International Stock Brokers, which could be a signal of confidence or otherwise.