The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyoti Kishor Shah
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BSE has received a disclosure under Regulation 29(2) of the SEBI Takeover Regulations from Jyoti Kishor Shah in Mid East Portfolio Management Ltd. This regulation requires shareholders to disclose any change in their voting rights exceeding 2% or any acquisition/disposal crossing the 5% threshold. The available filing does not specify whether the transaction was a purchase or sale, nor the number of shares or percentage change involved. Without further details from the disclosure, the exact nature and size of the shareholding change remain unclear. Investors should look for the full Reg 29(2) disclosure to understand whether this signals accumulation or reduction in stake.
This is a routine regulatory disclosure indicating a meaningful change in shareholding by an individual shareholder. Until the direction (buy or sell) and size are confirmed, no clear directional impact on the stock price or shareholder sentiment can be determined.