The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kishor Amichand Shah
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The stock exchange has received a disclosure under SEBI's Takeover Regulations (SAST Reg 29(2)) filed by Kishor Amichand Shah in relation to Mid East Portfolio Management Ltd. This regulation applies when an existing shareholder crosses certain shareholding thresholds or changes their voting rights by more than 2% in a financial year. The headline does not specify whether the disclosure relates to a buy or a sell, or the exact change in shareholding. Without further detail, the precise direction and size of the transaction is not clear from this filing alone.
SAST Reg 29(2) filings signal meaningful shifts in a shareholder's stake, which can move the stock in the short term depending on the direction of the trade. Investors should look for the detailed disclosure to see whether the insider is accumulating or reducing their position before drawing conclusions.