The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arix Capital Ltd
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BSE received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Arix Capital Ltd in relation to shares of Jupiter Infomedia Ltd. This type of disclosure is typically made when an acquirer's shareholding crosses key thresholds (such as 5% and subsequent 2% slabs) in a listed company. The full disclosure details (number of shares, percentage holding, mode of acquisition, and pre/post shareholding) could not be retrieved as the BSE source page returned a server error. No transaction size, direction (buy or sell), or current holding percentage is available from the provided source.
Without the actual disclosure details, the precise impact on shareholders or stock price is unclear. A Reg 29(2) SAST filing generally signals that a significant shareholder (Arix Capital) is approaching or has crossed a regulatory threshold, which investors should track for changes in major shareholding patterns in Jupiter Infomedia.