The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Minerva Ventures Fund
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On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.3 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BSE has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Minerva Ventures Fund in relation to Fundviser Capital (India) Ltd. This regulation requires an acquirer to disclose their holdings when crossing certain shareholding thresholds (typically 5% and subsequent 2% changes) in a listed company. No transaction details — such as number of shares, buy/sell direction, price, or resulting stake — are available, as the linked BSE page is showing an error/moved-page message instead of the actual filing content. Without the underlying document, the nature of the disclosure (acquisition or disposal) and its size cannot be confirmed.
Investors should wait for the full disclosure details (shares traded, percentage change, resulting holding) before drawing conclusions, as SAST disclosures can range from routine threshold crossings to meaningful stake changes that may affect the stock.