The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramankumar Devjibhai Sabhaya
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BSE has acknowledged receipt of a disclosure filed under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, by Ramankumar Devjibhai Sabhaya in relation to Gujarat Intrux Ltd. These regulations require disclosure when an acquirer crosses or changes shareholding beyond specified thresholds (typically 5% and subsequent 2% changes). The filing itself does not specify whether the transaction was a purchase or sale, the number of shares, the percentage change, or the resulting shareholding. No specific numbers, directions, or thresholds are mentioned in the public notice.
Without the actual details of the disclosure (buy or sell, size, and threshold crossed), shareholders cannot immediately assess the impact on stock price or promoter holding. Investors should look for the detailed disclosure form on the BSE/NSE website to understand whether this is an acquisition or disposal and how it affects the company's ownership structure.