The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
PATELENG · price
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Awaiting price reaction for this filing.
BSE has received a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations from Catalyst Trusteeship Ltd, which acts as a security trustee for Patel Engineering. Reg 29(2) filings are triggered when an entity's voting rights in the company cross 2% (or change by 2% or more). The specific nature of the transaction (acquisition or disposal) and the exact shareholding change are not provided in the headline. Catalyst Trusteeship typically holds shares on behalf of lenders in connection with pledge or financing arrangements.
Limited information is available from the headline alone — investors should check the full disclosure to understand if this reflects a pledge creation, invocation, release, or a change in shareholding, as the implications vary significantly.