The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Santanu Agarwal
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paisalo Digital Ltd has received a disclosure under SEBI SAST Regulations, 2011 (Regulation 29(2)) from Santanu Agarwal, who appears to be a promoter of the company. The disclosure pertains to substantial acquisition of shares, indicating a change in shareholding position. Without the attachment details, the filing suggests either an increase in promoter stake or crossing of a regulatory threshold. Such disclosures are mandatory when promoters acquire shares beyond specified limits or cross holding thresholds of 5% and its multiples.
This could indicate promoter Santanu Agarwal increasing stake in the company, which may signal confidence in the business or consolidation of promoter holding, potentially affecting stock sentiment.