The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arrow Emerging Opportunities Fund Ltd & PACs
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The BSE has received a revised disclosure from Arrow Emerging Opportunities Fund Ltd and its Persons Acting in Concert (PACs) under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. Regulation 29(2) applies when an entity that has already crossed the initial disclosure threshold reports a further change of more than 2% in its shareholding. The filing is described as a 'revised disclosure,' suggesting it is a correction or updated version of an earlier submission. Specific details on transaction direction (buy or sell), number of shares, and revised shareholding percentage are not provided in the headline. Shareholders would need the full disclosure to assess the actual change in stake.
This is primarily a regulatory compliance update rather than a new transaction, and is unlikely to have an immediate material effect on the stock price. However, investors should check the full disclosure to see if the FII entity is meaningfully increasing or reducing its holding in the company.