The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BCP V Multiple Holdings Pte Ltd
INDOSTAR · price
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by BCP V Multiple Holdings Pte Ltd, a foreign private equity investor in Indostar Capital Finance. Regulation 29(2) disclosures are typically triggered when an acquirer's shareholding crosses or changes past the 5% threshold or shifts by more than 2% within a financial year (the 'creeping acquisition' rule). The document body provided is very brief and only lists the name of an individual (Liew Yee Foong), so the exact transaction details — whether it is a buy or sell, and the precise percentage change — are not visible in the text supplied.
This is a routine regulatory disclosure rather than an event that signals a price-moving change. Shareholders should watch for the full disclosure details (direction of trade and percentage) to assess whether a major shareholder is increasing or reducing its position in the company.