The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pawan Kumar Mittal
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BSE has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Pawan Kumar Mittal. This regulation requires continual disclosure when any person acquires or disposes of shares representing 2% or more of the company's total shares or voting capital. The announcement itself does not specify whether the disclosure relates to a buy or sell, the number of shares involved, or the resulting shareholding percentage. No further context about Pawan Kumar Mittal's role (promoter, FII, or other category) is provided in the headline.
Without details on the direction and size of the transaction, the market impact is unclear. Investors should look for the full disclosure on the BSE corporate filings page to understand whether this signals an increase or decrease in stake and any implications for shareholding patterns.