The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Naresh Malhotra & PACs
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On the reaction day the stock moved 11.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BSE has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011, filed by Naresh Malhotra and his Persons Acting in Concert (PACs). This type of filing is triggered when a promoter or PAC group reports a change in their shareholding or voting rights in the company. The disclosure details (such as whether it involves an acquisition or disposal, the number of shares, and the change in percentage) are not specified in the available information.
This is a routine regulatory disclosure from the promoter group reporting a change in their stake; it confirms a movement in promoter shareholding but without details, investors should check the full filing for direction (buy or sell) and percentage change before drawing conclusions.