The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Penumatsa Satyanarayana Raju
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The stock exchange has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, filed by Penumatsa Satyanarayana Raju, who is part of the promoter group of NCL Industries. This regulation requires promoters and certain other shareholders to report any acquisition or disposal of shares in the company. The specific details of whether the disclosure relates to a buy or sell, the number of shares, and the resulting change in shareholding are not available in the headline and would need to be checked in the full filing.
Without the specifics of the transaction (buy/sell and quantum), the direct impact on the stock or shareholders is unclear. Investors should review the detailed disclosure to understand the direction and size of the change in the promoter's holding.