The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aneel Jain
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The exchange has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Aneel Jain. This regulation requires promoters, members of the promoter group, and persons holding certain voting/ownership rights to report acquisitions or disposals of shares or convertible securities. The actual document detailing the transaction (buy or sell, quantity, percentage, and current holding) was not accessible as the BSE page has moved and returned an error. Therefore, the direction of the trade, the size, and the resulting shareholding level are not available from the filing text provided.
Until the full disclosure is reviewed, investors cannot gauge any change in promoter/insider stake or whether any SAST threshold (such as 5% creeping limit or 75% open offer trigger) is being approached. The stock is also a thinly tracked micro-cap (noted with a $-delisting reference in the source), so this disclosure may have limited price impact but should be checked directly on the BSE corporate announcements page for complete details.