The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kishor Amichand Shah
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Awaiting price reaction for this filing.
BSE has received a disclosure filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, on behalf of Kishor Amichand Shah in relation to Mid East Portfolio Management Ltd. Regulation 29(2) filings are made when a person other than the promoter crosses or alters their shareholding beyond the 5% creeping acquisition limit during a financial year. The available headline does not specify whether the disclosure pertains to an acquisition or a disposal, nor the exact number of shares or percentage involved. Shareholders should refer to the full disclosure for the transaction details.
This is a routine regulatory disclosure under takeover rules and does not by itself indicate a major corporate event; investors should check the actual transaction (buy or sell) and size before drawing any conclusion about price impact.