The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suyash Rajendra Chhajed & Others
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(1) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Suyash Rajendra Chhajed along with other persons. This indicates that one or more of the named individuals have crossed the initial or incremental disclosure threshold (typically 5% or subsequent 2% changes) in their shareholding in Megamont Ltd. The exact direction of the transaction (acquisition or disposal) and the exact percentage of holding are not specified in the headline. The filing is a routine regulatory disclosure required under SAST norms.
For retail investors, this is a regulatory compliance update and not an immediate event-driven trigger. Investors should check the detailed disclosure to understand whether the named persons increased or decreased their stake, as a directional move by significant holders can influence sentiment around the stock.