The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Katra Holdings Ltd
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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 (SAST) Regulations, 2011 from Katra Holdings Ltd, a likely substantial shareholder/promoter group entity of Kerala Ayurveda Ltd. This regulation requires entities holding more than 5% (or promoters) to disclose any change of 2% or more in their shareholding. The public announcement on BSE does not specify whether the disclosure relates to an acquisition or disposal, nor the exact number of shares or percentage change involved. Retail investors should look for the detailed disclosure from Katra Holdings Ltd to understand the exact nature and quantum of the transaction.
Without further details on whether this is a buy or sell, the immediate stock price impact is unclear. Investors should check the detailed filing to assess if promoter or major shareholder confidence is changing in either direction.