The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Authum Investment & Infrastructure Ltd
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Authum Investment & Infrastructure Ltd has filed a disclosure under SEBI SAST Regulations, 2011 for substantial acquisition of shares in Prataap Snacks Ltd. This indicates the acquirer has crossed a regulatory threshold requiring disclosure, but specific details regarding the percentage of shares acquired or the total shareholding post-acquisition are not specified in the available information. SAST filings under Regulation 29(2) typically involve acquisitions crossing 5% or higher thresholds.
Shareholders should monitor for further filings or corporate announcements as Authum Investment may be accumulating a significant stake in Prataap Snacks, which could signal a potential change in control dynamics or governance influence.