The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Kumar Singhania & PACs
MASTERTR · price
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The BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Rajinder Kumar Singhania and Persons Acting in Concert (PACs) of Master Trust Ltd. This regulation covers disclosures related to encumbrances (pledge, lien, or similar) on the promoter's shares, typically involving creation, invocation, or release of such encumbrances. The specific nature of the transaction — whether shares were pledged, a pledge was invoked, or released — and the number of shares involved are not mentioned in the available information.
Without knowing whether this is a pledge creation, invocation, or release, the exact impact on the stock or shareholders is unclear. Pledge-related disclosures from promoters are generally worth tracking as they can signal financial stress or restructuring within the promoter group.