The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Soumya Kukreti
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BSE has received a disclosure from Soumya Kukreti under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning shares of Midwest Gold Ltd. This regulation requires shareholders to disclose when their voting rights in a company cross certain prescribed thresholds (typically 5% and changes of 2% thereafter). The specific details of the transaction — whether it is an acquisition or disposal, the number of shares involved, and the resulting shareholding percentage — are not disclosed in the headline. Without these details, the nature and direction of the stake change cannot be determined from the available text.
Limited information is available to assess the impact on shareholders. Investors should check the full disclosure on the BSE website to understand whether Soumya Kukreti is a promoter, FII, or other category, and whether shares were bought or sold, before drawing any conclusions about the stock.