The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sunshine Fibre Pvt Ltd
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The BSE has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Sunshine Fibre Pvt Ltd in relation to Devinsu Trading Ltd. This regulation is triggered when a shareholder holding 5% or more acquires or disposes of shares aggregating to 2% or more of the company's share capital in a financial year. The exact nature of the transaction (buy or sell), the number of shares involved, and the post-transaction holding percentage are not disclosed in the headline and would require the detailed filing for confirmation.
This is a routine regulatory disclosure and the headline alone does not indicate the direction or magnitude of the change. Shareholders should review the full filing on the BSE website to understand whether Sunshine Fibre has increased or reduced its stake, and whether this signals a shift in promoter/strategic holding in Devinsu Trading.