The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd
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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 Maxgainz Finserve Pvt Ltd in relation to Looks Health Services Ltd. This regulation applies when a shareholder holding more than 5% acquires or disposes of shares resulting in a change of more than 2% of total shareholding. The full details of the transaction, including whether shares were bought or sold, the number of shares involved, and the revised shareholding percentage, are not available in the headline provided.
This is a routine regulatory disclosure indicating a change in the shareholding of Maxgainz Finserve Pvt Ltd in Looks Health Services Ltd, but the direction and size of the change cannot be determined from the available information. Shareholders should await further details to assess any meaningful impact on the stock.