The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Luv Kush Projects Ltd & PACs
HEALTHX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The stock exchange has received a disclosure under Regulation 29(2) of the SEBI Takeover Regulations, 2011, filed by Luv Kush Projects Ltd along with its Persons Acting in Concert (PACs). This type of disclosure is typically made when there is a change in the nature of holding or a significant movement in shareholding/voting rights by a promoter or PAC group. The headline itself does not specify whether the change is a purchase, sale, or invocation/release of encumbrance, nor does it state the percentage change or which way the shareholding has moved. Without the detailed disclosure text, the exact nature and quantum of the transaction cannot be determined from this headline alone.
Without details on whether this is an acquisition, disposal, or encumbrance change, shareholders should wait for the full disclosure to understand the direction and size of the move. Any material change by a PAC group could affect the promoter shareholding picture and is worth monitoring.