The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JSL Overseas Holding Ltd & PACs
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The stock exchange has acknowledged receiving a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, specifically Regulation 29(2), from JSL Overseas Holding Ltd and its persons acting in concert. Reg 29(2) filings are made by promoters or PACs when their shareholding in the company changes by more than 2% (through buy or sell). The actual document detailing whether this was an acquisition or sale, the number of shares, and the revised holding percentage was not accessible — the BSE page returned a 'page moved' error. Therefore, the direction and quantum of the promoter group's stake change cannot be confirmed from the available content.
Until the full disclosure is reviewed, shareholders cannot determine whether promoters are increasing or reducing their stake, so the immediate price impact is unclear. Investors should check the detailed filing on the BSE/NSE corporate announcement pages to understand the exact transaction.