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. This regulation requires an acquirer to disclose when their shareholding crosses specified thresholds in a listed company. The headline alone does not specify whether the disclosure relates to an acquisition or disposal, the percentage change in holding, or whether the entity is a promoter, FII, or other class of shareholder. As a result, the exact nature and size of the transaction cannot be determined from the available text.
The disclosure itself is a routine regulatory filing under takeover rules and does not by itself indicate a positive or negative impact on the stock. Shareholders should wait for further details on the direction (buy or sell), quantum, and identity of the acquirer to assess any material effect on shareholding or stock price.