The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mohinidevi Kothari
FINKURVE · price
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Awaiting price reaction for this filing.
The BSE exchange has received a disclosure under Regulation 29(2) of the SEBI Takeover Regulations from Mohinidevi Kothari, who is part of the promoter/promoter group of Finkurve Financial Services Ltd. This regulation mandates that acquirers (along with persons acting in concert) report any change in their shareholding or voting rights that crosses 5% or any subsequent change of 2% or more in the company. The filing indicates a change in the promoter group's stake in Finkurve Financial Services, though the direction (acquisition or disposal) and exact percentage of change are not specified in the headline. Retail investors should check the full disclosure document for precise details on the number of shares transacted and the revised holding.
This is a routine regulatory disclosure rather than a price-moving event on its own. Shareholders should verify whether the change reflects a promoter buying more shares (positive signal of confidence) or reducing holdings (potentially negative). The actual impact on the stock will depend on the size and nature of the transaction.