The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Venu Gopal Peruri
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BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Venu Gopal Peruri in relation to Meta Infotech Ltd. This regulation is triggered when an existing shareholder's holdings change by 2% or more from the last disclosed level. The available announcement text does not specify whether the change is a buy or a sell, nor the exact number of shares or percentage moved. Investors would need to check the full disclosure form on the BSE/NSE portal for the direction and quantum of the transaction.
Until the direction (acquisition or disposal) and size of the change are confirmed, there is no clear directional impact on the stock. Once the full disclosure is reviewed, investors can assess whether this signals promoter buying, a creeping acquisition, or a meaningful stake sale.