The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manaswi Dugar
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The BSE has received a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations from Manaswi Dugar, who is associated with RDB Real Estate Constructions. Regulation 29(1) disclosures are required when an entity acquires or disposes of shares amounting to 2% or more of the company's share capital in a financial year (the creeping acquisition/disposal limit). The specific direction of the transaction (purchase or sale) and the exact percentage change are not disclosed in this headline, so the nature of the stake movement is unclear from the available information.
The exact impact on shareholders depends on whether this represents a promoter buying more shares (signaling confidence) or trimming a stake (potentially cautious signal). Investors should look for the detailed disclosure to understand the transaction direction and size before drawing conclusions about promoter sentiment or potential changes in shareholding pattern.