The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhagwati Prasad Jalan and Sons HUF & Others
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A disclosure under SEBI SAST Regulations, 2011 (Regulation 29(2)) was filed on BSE by Bhagwati Prasad Jalan and Sons HUF and associated entities. The filing relates to a substantial acquisition of shares in Nilachal Refractories Ltd. However, the actual document content was not accessible — BSE returned an error page indicating the link has been moved. As a result, key details such as the number of shares acquired, percentage change in shareholding, and transaction value could not be verified.
SAST disclosures under Regulation 29(2) typically indicate significant changes in promoter holding. Until the full filing is accessible, the precise impact on shareholding structure and stock price remains unclear.