The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mrinalini Basaboini
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BSE has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Mrinalini Basaboini. The disclosure pertains to an acquisition of 3,76,200 equity shares of the company through market purchase on 03-Jul-2024 at a price of Rs. 15.20 per share. The filing covers details of the acquirer, mode of acquisition (market purchase), securities held post-acquisition, and is signed by the acquirer with the relevant declarations under the Takeover Code.
This is a mandatory threshold disclosure under the Takeover Code — it does not itself trigger an open offer but signals that the acquirer's holding has crossed or changed past a key threshold (5% or in 2% steps). Retail investors should check the acquirer's revised shareholding and watch for any move toward higher takeover trigger levels.