The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Specific Worldwide LLP
MGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mangalam Global Enterprise Ltd has disclosed that the BSE exchange received a filing under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Specific Worldwide LLP. This regulation requires promoters or persons acting in concert to report any change in their shareholding exceeding 2% of the company's total shares in a financial year. The filing suggests Specific Worldwide LLP, likely part of the promoter group, has crossed a shareholding reporting threshold. Exact details on the direction (acquisition or sale) and the quantum of change are not visible in the headline alone.
For retail investors, this is a routine compliance disclosure indicating a significant change in promoter-group holdings. The actual stock impact depends on whether this was a buy or a sell, which requires checking the full filing details on the BSE portal.