The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jindal Power Ltd & PACs
JINDALSTEL · price
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BSE has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Jindal Power Ltd along with Persons Acting in Concert (PACs). This is a mandatory filing triggered when a promoter group's shareholding changes by 2% or more in Jindal Steel Ltd. The headline confirms only the receipt of the disclosure and does not specify whether shares were acquired or disposed, or the quantum of the change. Full details of the transaction would be available in the accompanying disclosure form on the BSE portal.
This is a routine compliance disclosure by the promoter group; investors should check the detailed form on BSE to understand whether the promoter holding has gone up or down, as that will determine the actual impact on shareholding pattern.