The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for AI Maha Investment Fund PCC - Onyx Strategy
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BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by AI Maha Investment Fund PCC (Onyx Strategy), an investment fund entity. This regulation requires entities to disclose changes in shareholding when their holdings cross the 5% threshold or change by more than 2% from the last disclosed level. The headline alone does not specify the direction (acquisition or disposal) or the exact quantum of the change in stake.
Investors should look out for the detailed disclosure on the BSE website to know whether this fund has increased or reduced its stake, as such moves by a significant shareholder can influence short-term sentiment in this small-cap stock.