The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kiran Poddar
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Kiran Poddar, who is associated with Mayur Uniquoters as a promoter/promoter group member. This regulation requires promoters and persons holding more than 5% stake to disclose any acquisition or disposal of shares resulting in a 2% or more change in their shareholding. The actual details of the filing — including whether this is a buy or sell, the number of shares, and the resulting stake change — are not available in the source document, which only shows a BSE page-not-found notice. No transaction value or post-deal holding percentage is disclosed in the provided content.
Without the actual disclosure details, the market impact is unclear. Investors should look for the detailed filing on BSE/NSE to understand whether this is a promoter buying or selling, as promoter transactions of this nature can influence short-term sentiment and signal confidence (buying) or potential exit signals (selling).