The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sneha Kailash Katkar
QUICKHEAL · price
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Awaiting price reaction for this filing.
BSE has received a disclosure under Regulation 29(1) of the SEBI Takeover Regulations from Sneha Kailash Katkar, a member of the promoter family of Quick Heal Technologies. This regulation is triggered when a shareholder's voting rights cross the 5% threshold or shift between key slabs (such as 5% to 10%). The headline alone does not specify whether shares were acquired or disposed of, nor the exact percentage change or revised holding. Quick Heal is a listed cybersecurity software company promoted by the Katkar family.
Promoter-group disclosures under SAST are routine compliance filings, but the actual direction (buy or sell) and size of the change will determine any meaningful impact on the stock. Investors should watch for the detailed disclosure to assess if promoter holding has meaningfully shifted.