The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vimla Inani
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations from Vimla Inani, who is associated with the promoter/promoter group of Inani Marbles & Industries Ltd. This regulation requires promoters to disclose any acquisition or disposal of shares that crosses the 2% creeping acquisition/disposal limit in a financial year. The actual filing details (whether it is a buy or sell, the number of shares, and the price) are not available as the BSE source page returned an error and could not be accessed. Without those details, the exact nature of the insider transaction cannot be confirmed.
For retail investors, this filing signals that a promoter-group member has crossed a 2% disclosure threshold, meaning meaningful buying or selling activity. Investors should look up the actual disclosure on BSE/NSE to know whether the promoter is increasing or reducing their stake, as this can affect confidence in the stock.