The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mehul Pravinchandra Joshi & PACs
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The BSE filing references a SAST Regulation 29(2) disclosure submitted by Mehul Pravinchandra Joshi and persons acting in concert (PACs) for Mehul Colours Ltd. Regulation 29(2) filings are made when a shareholder's voting rights in a company change due to acquisition or disposal of shares. Unfortunately, the linked BSE page returned a 'not found' error, so the actual disclosure details — including whether shares were bought or sold and the percentage change — could not be retrieved.
Without the actual disclosure details, the impact on shareholders is unclear. Investors should check the BSE corporate announcements page directly for the full filing to understand the direction and size of the stake change.