The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Himatlal Lakhani
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The stock exchange has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Hitesh Himatlal Lakhani, a promoter of Rikhav Securities Ltd. This regulation mandates reporting when a promoter or acquirer's shareholding crosses or changes beyond the 2% threshold within a financial year. The headline does not specify whether the transaction was a purchase or sale, nor the number of shares or value involved. Shareholders should look for the detailed disclosure on the BSE corporate announcements page for specifics on direction, quantity, and post-transaction holding.
This is a routine compliance filing under takeover rules and confirms an ongoing change in the promoter's stake in Rikhav Securities. Without details on direction and size, it is neutral in the short term, but investors should monitor the detailed disclosure to understand whether the promoter is increasing or reducing their holding.