The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yagnik Tank
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Yagnik Tank. This regulation applies when a promoter, promoter group member, or person acting in concert buys or sells shares and their voting rights change by more than 2% of the company's paid-up share capital. The headline does not specify whether the transaction was a purchase or sale, nor does it disclose the exact number of shares or percentage change involved.
The filing signals a notable change in shareholding by an individual likely connected to the promoter group, but without deal details (buy/sell direction or size), retail investors cannot judge its price impact. Investors should look for the detailed disclosure on the BSE portal for the actual transaction before reacting.