NCL Industries promoter group entities file SAST disclosure under Reg 29(2)
NCLIND · price
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Two promoter group entities of NCL Industries, Blue Valley Developers (P) Ltd and NCL Holdings (A&S) Ltd, have filed a disclosure under Regulation 29(2) of SEBI's Takeover Code with BSE. This regulation applies when entities report a change in shareholding that crosses certain thresholds, usually two percent or five percent. The headline does not mention whether the change is a purchase or sale, nor the size of the move. Shareholders should look out for the detailed filing on BSE for the exact change in stake and direction.
Promoter group stake change disclosed under Takeover Code. Watch detailed filing for buy or sell direction and exact size of the move.