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 SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, from Kishor Amichand Shah in relation to Mid East Portfolio Management Ltd. The specific nature of the transaction (whether it is an acquisition or disposal of shares) and the quantity or percentage of shares involved are not stated in the headline. This type of disclosure is normally made when a promoter, member of the promoter group, or person acting in concert crosses or alters their shareholding beyond prescribed thresholds. Investors should refer to the full disclosure document for transaction details, including direction (buy/sell), number of shares, and pre- and post-transaction shareholding.
For shareholders, this is a routine regulatory compliance disclosure and not directly indicative of positive or negative sentiment; however, depending on the underlying buy or sell transaction, it may signal a change in promoter-group positioning in the company.