The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vikas Jain HUF
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Vikas Jain HUF, which appears to be part of the promoter group of Insolation Energy Ltd. This regulation requires promoters and persons acting in concert to disclose acquisitions or disposals of shares that cross the 2% creeping acquisition threshold in a financial year. The full filing details — including whether the transaction was a buy or sell, the number of shares, and the percentage change in promoter holding — are not available because the original BSE page has been moved and returned an error.
Since the actual transaction details are missing, no specific impact on shareholders or stock price can be determined. Investors should check the BSE corporate announcements page directly or the company's filings to see whether this was an acquisition or disposal by the promoter group.