The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manisha Modi
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On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.1 pts less than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Manisha Modi. This type of filing is made by promoters or members of the promoter group when they buy or sell shares of the company. However, the actual disclosure document was not accessible (the BSE page returned an error/redirect), so the direction of the trade (buy vs sell), number of shares, price, and resulting change in shareholding are not known.
Because the underlying details of the disclosure are unavailable, no meaningful interpretation of the impact on shareholders or the stock can be made. Investors should wait for the full disclosure or check the company's filings directly for clarification on whether this is an acquisition or disposal by a promoter-group member.