The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priyanjali Patil & PACs
KOLTEPATIL · price
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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 Priyanjali Patil along with Persons Acting in Concert (PACs). This regulation requires promoters, promoter group members, or persons acting in concert to disclose any acquisition or disposal of shares that changes their aggregate shareholding by more than 2% of the company's total share capital. The filing confirms a significant change in the promoter's shareholding, but the headline does not specify whether the transaction was a buy or a sell, nor the exact number of shares or percentage change. Full details would be available in the actual disclosure document on the BSE website.
For shareholders, this is a noteworthy event because it signals meaningful movement (above 2%) in the promoter group's stake. Depending on whether this is an acquisition or a disposal, it could be interpreted as promoter confidence (buy) or a potential concern about insider exits (sell). Investors should check the full disclosure on the BSE/NSE portal to understand the direction and quantum of the change before drawing conclusions.