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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The BSE exchange has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, filed by Kishor Amichand Shah. This regulation requires individuals or entities to disclose changes in their shareholding that cross certain thresholds (typically 5% and subsequent 2% changes). The specific details of the transaction — whether it is an acquisition or disposal, the number of shares involved, and the resulting shareholding percentage — are not available in the headline and would need to be reviewed in the full filing.
Without the actual transaction details (buy/sell, quantity, and percentage change), the exact impact on shareholders is unclear. Investors should look up the full disclosure to understand whether a major shareholder is increasing or reducing their stake in Mid East Portfolio Management Ltd.