The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Urvashi Sarda
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011 from Urvashi Sarda, who is associated with the promoter/promoter group of Gabion Technologies India Ltd. This regulation requires promoters to inform the exchange whenever their shareholding changes by 2% or more, or crosses key thresholds. The headline does not specify whether the change was an acquisition or disposal, or the exact quantum of shares involved. Such filings are routine but become noteworthy if they signal a meaningful shift in promoter holding or intent.
Without the direction (buy or sell) or percentage change, the exact impact on shareholders is unclear. Investors should check the detailed disclosure on the BSE portal for specifics on transaction type, quantity, and resulting holding to assess any change in promoter confidence or control.