The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kartik Timbadia & Other
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Awaiting price reaction for this filing.
BSE has received a revised disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Kartik Timbadia and other related persons. Regulation 29(2) disclosures are triggered when there is a change in shareholding or voting rights in a listed company. Since this is a revised filing, the original disclosure was likely updated to correct or add details such as the number of shares, transaction value, or date. The exact direction of the transaction (acquisition or disposal) and the specific share quantities are not provided in the headline.
Revised SAST disclosures generally have a neutral-to-mild market impact unless they indicate a significant change in promoter holding or voting rights. Shareholders should watch for the detailed filing to understand whether the promoter group's stake has increased or decreased.