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 SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011 from Arihant Share Consultancy. This regulation requires entities holding more than 5% of a company's shares to disclose any acquisition or sale that changes their holding by more than 2% of total shares. The headline does not specify the direction of the transaction (buy or sell), the exact number of shares involved, or the revised shareholding percentage. Kretto Syscon Ltd is a small-cap company listed on BSE.
Without details on whether Arihant Share Consultancy increased or decreased its stake, the impact on shareholders is unclear. Investors should look for the detailed disclosure to understand if a significant holder is accumulating or offloading shares in the company.