The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for La Time Lifestyle & Resorts Ltd
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La-tim Lifestyle & Resorts Ltd, a member of the promoter/promoter group of La Tim Metal & Industries Ltd, has disclosed an acquisition of 30,000 shares (0.02% of total share/voting capital) under SEBI Takeover Regulations. The buyer's holding in La Tim Metal has risen from 6,71,517 shares (0.51%) to 7,01,517 shares (0.53%). The shares are listed on BSE. The transaction is small in size and does not push the promoter group closer to any takeover threshold.
This is a minor promoter-group purchase that signals mild confidence but is too small (0.02%) to materially affect shareholding pattern or stock price. No action is required from retail investors.