The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arix Capital Ltd & Others
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BSE has received a disclosure under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Arix Capital Ltd and others in relation to Jupiter Infomedia Ltd. This regulation requires acquirers to disclose changes in their voting rights in a target company once holdings cross certain thresholds within a financial year. The actual BSE page containing the detailed filing (such as whether it is an acquisition, disposal, or change in shareholding percentage) was not accessible, as the underlying BSE link returned a moved/404 error page. Therefore, the specific transaction size, direction (buy/sell), and exact holdings before and after the change cannot be confirmed from the available text.
SAST Reg 29(2) disclosures indicate that Arix Capital Ltd and related parties have crossed or are reporting a change in their shareholding in Jupiter Infomedia Ltd. The market impact depends on whether this is an increase (acquisition, generally read as a positive or control-related signal) or a decrease (disposal, which can be negative). Investors should wait for the full disclosure details (number of shares, price, and date) before drawing conclusions, as the document content was unavailable in this filing copy.