The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Graviss Food Solutions Pvt Ltd
GRAVISSHO · price
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The exchange has acknowledged receiving a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations from Graviss Food Solutions Pvt Ltd, a promoter group entity of Graviss Hospitality Ltd. This regulation requires disclosure when a shareholder crosses certain shareholding thresholds (5% and subsequent 2% changes). The exact nature of the transaction — whether acquisition or disposal, and the exact change in percentage — is not specified in the headline. The disclosure indicates activity by the promoter group that is significant enough to require regulatory reporting.
Shareholders should look for the detailed disclosure to understand if the promoter group has increased or reduced its stake, as both moves can influence sentiment on the stock.