The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mausami Paresh Sadaria
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The exchange has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Mausami Paresh Sadaria. This regulation typically pertains to disclosures related to encumbrance (pledge or similar) on shares of the company. The full details of the disclosure, including the number of shares involved and the nature of the transaction, were not accessible as the source BSE page returned an error. Without the complete filing, the direction of the transaction (creation, release, or invocation of pledge) and the size cannot be determined.
The actual impact on shareholders depends on whether this is a pledge creation, release, or invocation and the quantum of shares involved. Investors should check the full disclosure on the BSE corporate announcements page to understand the implications for promoter holding and any potential risk of share sale or margin call.