The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anupama Anumala & Others
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The BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, from Anupama Anumala and other related persons connected to KS Smart Technologies Ltd. This regulation specifically deals with reporting encumbrances (such as pledges) created on shares held by promoters or persons acting in concert. The headline does not specify whether the disclosure relates to creation, invocation, or release of a pledge, nor does it mention the number of shares or percentage involved. Without the full disclosure document, the exact nature and scale of the encumbrance change cannot be determined.
This is a routine regulatory disclosure related to encumbrances on shares, and by itself does not indicate a change in ownership or control. Shareholders should review the detailed disclosure to understand whether the pledge is new, released, or invoked, as invocation could signal financial stress on the pledgor.