The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gautam Morarka
DWARKESH · price
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BSE has received a disclosure from Gautam Morarka, a member of the promoter/promoter group of Dwarikesh Sugar Industries, under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations. This regulation requires promoters to report changes in their shareholding (typically acquisitions or sales of 2% or more in a financial year). The actual filing details — including whether shares were bought or sold, the quantity, price, and resulting shareholding percentage — are not accessible as the BSE source page returned a 'page moved' error.
The specific impact on shareholders is unclear without the actual transaction details. Once the disclosure document is available, it will reveal whether a promoter increased or reduced their stake, which would affect sentiment around promoter confidence in the company.