The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gallantt Udhyog & Pvt Ltd & PACs
GALLANTT · price
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(1) of SEBI's Takeover Regulations from Gallantt Udhyog & Pvt Ltd along with persons acting in concert (PACs). This regulation requires shareholders holding 5% or more to inform the exchange whenever they acquire or sell shares. The headline itself does not specify whether shares were bought or sold, the quantity involved, or the resulting shareholding percentage.
The full impact on shareholders is unclear from the headline alone. Investors should look at the detailed disclosure attached to the filing to see if the promoter group's stake crossed, fell below, or stayed near any important thresholds, as this can affect control and voting power.