The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Kumar Singhania & PACs
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The stock exchange has received a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011 from Rajinder Kumar Singhania and Persons Acting in Concert (PACs) in Prime Industries Ltd. Regulation 29(2) filings are typically made when a promoter or shareholder's stake changes, crosses specified thresholds, or requires periodic disclosure of shareholding changes. The actual content of the disclosure — including direction (acquisition or sale), quantum, and resulting shareholding percentage — is not available, as the linked BSE page returned an error and the full filing details could not be retrieved.
Without the full disclosure details, shareholders cannot determine whether the change is a buy or sell, or how material the stake movement is. Investors should look for the actual Reg 29(2) filing on the BSE/NSE corporate announcements page to assess any impact on promoter holding or control of the company.