The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prem Kumar Jain & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GDL Leasing & Finance Ltd has submitted to BSE a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, received from its promoter and Managing Director, Prem Kumar Jain, along with Persons Acting in Concert (PACs). This regulation requires promoters and acquirers to disclose changes in their shareholding when they cross specified thresholds (typically 5% and every 2% change thereafter). The actual transaction details — whether it is an acquisition or disposal, the number of shares, and the revised shareholding percentage — are referenced as enclosed but not included in the document text provided. The filing is dated April 1, 2025, and signed by Prem Kumar Jain in his capacity as Managing Director.
The exact impact on shareholders is unclear from this filing alone, as the underlying transaction details (buy or sell, quantum, and percentage change) are not visible in the cover letter. Retail investors should watch for the enclosed disclosure to understand if the promoter is increasing or reducing their stake in the company.