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, filed by Maxgainz Finserve Pvt Ltd in relation to Looks Health Services Ltd. This regulation requires acquirers to disclose changes in their shareholding or voting rights in a listed company. The specific details of the transaction — whether it is a purchase or sale, the number of shares involved, and the resulting shareholding percentage — are not mentioned in the headline.
This is a routine regulatory disclosure indicating a change in Maxgainz Finserve's exposure to Looks Health Services. Shareholders should look for the detailed disclosure to assess whether the change in shareholding is material and what it signals about the acquirer's intent.