The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Munjal Rangwala Family Trust & PACs
HARSHA · price
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Munjal Rangwala Family Trust and persons acting in concert (PACs) of Harsha Engineers International Ltd. This type of filing is typically made when a promoter-group entity acquires or disposes of shares that crosses a specified shareholding threshold in the company. The specific nature of the transaction — whether it is a buy or sell, and the exact percentage change — is not clearly indicated in the headline. Shareholders should look at the detailed disclosure on the BSE portal for the exact quantum and direction of the shareholding change. Until those details are reviewed, the precise impact on promoter shareholding remains unclear.
Reg 29(2) SAST disclosures usually relate to incremental promoter-group shareholding changes and can subtly affect the promoter's effective stake in the company. Retail investors should check the detailed filing to understand whether promoter holding has gone up or down before drawing any conclusion on the stock.