The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Umesh Vasantlal Modi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Umesh Vasantlal Modi, who is likely a promoter or person acting in concert with the company. This regulation requires promoters to disclose any change in their shareholding exceeding 2% of the company's total shares. However, the actual filing details (direction of trade, number of shares, percentage change, or pre/post-holding) could not be retrieved as the BSE page returned an error and the document content was not available. No transaction-specific information can be confirmed from the source provided.
Without the actual disclosure details, the impact on shareholders is unclear. A Reg 29(2) filing typically signals a meaningful change in promoter shareholding (above 2%), which investors should monitor for shifts in promoter confidence or potential creeping acquisition toward takeover thresholds.