The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arihant Share Consultancy
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Arihant Share Consultancy in connection with Kretto Syscon Ltd. This regulation typically pertains to disclosures of encumbrances (such as pledges) on shares held. The headline does not specify the nature of the transaction, the quantum of shares involved, or whether it is a creation, invocation, or release of a pledge. No specific financial figures or direction (buy/sell/pledge) are provided in the available information.
Without additional details on the nature and size of the disclosure, the immediate impact on shareholders or stock price is unclear. Investors should watch for the full disclosure from the company to understand whether this involves a pledge event or a change in substantial shareholding.