The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for La-tim Lifestyle & Resorts Ltd
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La-tim Lifestyle & Resorts Ltd, part of the promoter/promoter group of La Tim Metal & Industries Ltd, has filed a disclosure under SEBI Takebi Regulations 2011 regarding a change in its shareholding in the target company. The promoter entity's holding moved from 7,01,517 shares (0.53%) to 7,17,517 shares (0.54%), representing an addition of 16,000 shares, or about 0.01% of the company's voting capital. The shares are listed on BSE Limited. No encumbrance, warrants, or convertible instruments are involved. This is a routine regulatory disclosure triggered by the change in promoter group shareholding.
The transaction is extremely small (just 0.01% of equity) and unlikely to have any meaningful effect on the stock price or shareholder value. It is a routine compliance filing by a promoter group entity and reflects normal portfolio activity rather than any strategic signal.