Reg 29(2) disclosure by Arun Kumar Saraf and PACs
RHL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 2.2 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Robust Hotels Ltd has informed BSE about a disclosure received under Regulation 29(2) of SEBI Takeover Regulations for Arun Kumar Saraf and persons acting in concert. This rule applies when promoters or PACs report a change in their shareholding or voting rights in the company. The headline does not specify whether the change is a purchase, sale, or the size of the change.
A promoter group regulatory disclosure has been filed. Direction and size of the change are not stated in the headline, so stock impact is unclear.