The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gitaben Dipakkumar Thakkar
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BSE has received a SAST disclosure from Gitaben Dipakkumar Thakkar, a member of the promoter/promoter group of ISL Consulting Ltd, under Regulation 29(2) of SEBI's Takeover Regulations. The full disclosure document was not accessible as the source page returned an error. Regulation 29(2) filings relate to reporting acquisitions or disposals of shares that trigger prescribed disclosure thresholds by promoters or persons acting in concert.
Until the actual details of the disclosure (buy or sell, number of shares, and resulting holding) are available, the impact on shareholders or stock price is unclear. Investors should check the full disclosure on BSE/NSE to understand whether the promoter group's stake has gone up or down.