The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunil Kumar Shahi
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011 from Sunil Kumar Shahi in relation to Desi Farms India Ltd. This regulation typically applies when a promoter or person acting in concert reports changes in their shareholding, usually involving acquisitions or disposals exceeding 2% of voting capital. The filing itself does not specify whether this is a buy or sell transaction, nor does it disclose the quantum of shares or the revised shareholding percentage.
Since the nature (acquisition or disposal) and size of the transaction are not specified in the filing headline, shareholders should look for the detailed disclosure to understand whether this reflects a promoter adding to or reducing their stake, which could influence sentiment toward the stock.