The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Goenka
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Awaiting price reaction for this filing.
The BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Raj Goenka. This regulation requires promoters, persons acting in concert, or substantial shareholders (typically those holding 5% or more) to disclose any change in their shareholding or voting rights in the company. The filing itself is a notification that such a disclosure has been received, but the provided text does not specify whether it pertains to an acquisition or disposal, nor does it share the quantum of shares involved or the resulting shareholding percentage.
The information is too limited to assess any direct impact on the stock price or shareholders. Retail investors should look for the actual disclosure details (direction of transaction, number of shares, and post-transaction holding) on the BSE/NSE corporate filings page to understand if this is a promoter buying or selling, which would shape the market's interpretation.