The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Mundhra & Naresh Kumar Mundhra
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The BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Manju Mundhra and Naresh Kumar Mundhra, who appear to be promoter-group individuals. Regulation 29(2) disclosures are typically made by promoters or acquirers when their shareholding changes beyond prescribed thresholds (e.g., crossing 5% or moving by more than 2% from the last disclosed holding). The actual document content showing whether this is a buy or a sale, along with the number of shares and revised holding percentage, was not accessible — the BSE page returned an error. As a result, the direction and quantum of the transaction cannot be confirmed.
Without the actual disclosure details (buy/sell direction, volume, and post-transaction holding), the precise impact on the stock or shareholder base is unclear. Investors should check the full filing on BSE/NSE to determine whether promoter holding has increased or decreased before drawing any conclusion.