The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Soumya Kukreti & Kollareddy Ranganayakamma
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The BSE has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Soumya Kukreti and Kollareddy Ranganayakamma. This regulation applies when any shareholder's holding crosses or falls below the 5% threshold or other specified limits. The specific direction of the transaction (acquisition or disposal), the exact number of shares, and the resulting shareholding percentage are not mentioned in the filing headline. Without the full disclosure document, the nature and size of the change cannot be confirmed from the announcement alone.
For shareholders, this is an early regulatory intimation signalling a notable change in shareholding by these two individuals. The actual market impact (positive or negative) will depend on whether they are buying or selling, which is not clear from the available information.