The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sneha Kailash Katkar
QUICKHEAL · price
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BSE has received a disclosure under Regulation 29(2) of SEBI's Takeover Regulations from Sneha Kailash Katkar, a member of the promoter family of Quick Heal Technologies. This regulation is triggered when a promoter or person acting in concert reports a change in their shareholding or voting rights in the company. The available information does not specify whether the change was an acquisition or a disposal, nor does it disclose the number of shares or percentage involved. Quick Heal is a Pune-based cybersecurity software company, and the Katkar family (founders) are its promoters.
By itself, a Reg 29(2) disclosure is a routine compliance filing and is not a buy/sell recommendation. Retail investors should watch for the detailed disclosure to see whether the promoter increased or reduced their holding, as any meaningful stake change can influence sentiment around management confidence in the company.