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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BSE has received a disclosure from Kishor Amichand Shah under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, relating to Mid East Portfolio Management Ltd. This regulation requires promoters or persons acting in concert to report any change in their shareholding of 2% or more in the company. The filing confirms the regulator has received the required disclosure, though the specific direction (acquisition or sale) and exact shareholding change are not detailed in the headline.
This is a routine regulatory compliance disclosure by a promoter-related entity. It signals a notable change in promoter shareholding, which retail investors should review for the direction of the transaction, as it may indicate promoter confidence or a potential shift in control.