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 under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Kishor Amichand Shah, a member of the promoter group of Mid East Portfolio Management Ltd. This regulation applies when a promoter or person holding more than 5% of shares reports a change in their voting rights or shareholding of 2% or more. The specific nature of the transaction — whether it is an acquisition, sale, or any other change in shareholding — is not disclosed in the headline and would require the detailed filing to be examined.
Such disclosures indicate meaningful shareholding activity by the promoter group, which investors should track to understand changes in promoter stake. The actual direction (buy or sell) and quantum are not visible from this headline alone, so no immediate price impact can be inferred without further details.