The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Milin Nautambhai Shah
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The BSE has received a disclosure under Regulation 29(2) of SEBI's SAST (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Milin Nautambhai Shah in relation to ECS Biztech Ltd. Regulation 29(2) requires promoters and persons acting in concert to report any change of more than 2% in their shareholding or voting rights in a quarter. The actual details of the transaction — whether it is a buy, sell, encumbrance creation, or release — are not available in the provided document, as the linked BSE page returned an error.
Without the transaction details, the precise impact on shareholding pattern or stock price cannot be determined. Shareholders should monitor upcoming disclosures on the BSE corporate announcements page for clarity on whether this indicates accumulation, divestment, or pledge activity by the disclosed person.