The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Sawalram Saraogi
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BSE received a SAST Regulation 29(2) disclosure from Ramesh Sawalram Saraogi, indicating a substantial acquisition or disposal of shares in Pro Fin Capital Services Ltd. Regulation 29(2) mandates disclosure when acquisition or disposal crosses 5% or more of shares or voting rights, or changes in promoter holding beyond specified thresholds. The filing relates to a person likely belonging to the promoter group given the SAST regulatory framework. The specific transaction details, number of shares, and percentage change are not visible in the headline provided.
SAST disclosures by promoters indicate significant changes in ownership structure. Depending on whether this was an acquisition or disposal, it may signal promoter confidence or profit-taking. Investors should monitor for follow-up filings with detailed transaction data.