The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shantanu Upadhyay & Alt - Attitude Advisory LLP
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The BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Shantanu Upadhyay and Alt - Attitude Advisory LLP in relation to Kati Patang Lifestyle Ltd. This type of filing is mandatory when a shareholder's voting rights in the company change, either through an acquisition or disposal of shares that crosses the prescribed disclosure thresholds. The announcement does not specify the direction (purchase or sale), the number of shares involved, or the change in shareholding percentage. The full details would need to be obtained from the actual disclosure form submitted to the exchange.
Until the specific nature and size of the transaction are disclosed, investors cannot determine whether this represents a bullish or bearish signal. Shareholders should look for the detailed disclosure to assess if there is any change in promoter or substantial shareholder stake that could affect the stock.