The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hindustan Cotton Company & Others
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Sarla Performance Fibers Ltd has informed the stock exchanges about a disclosure received under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure was filed by Hindustan Cotton Company, a promoter group entity linked to the Jhunjhunwala family, through its partner Sarladevi Madhusudan Jhunjhunwala, and is dated September 30, 2025. Regulation 29(2) filings are mandatory when a person or entity holding more than 5% of shares changes their shareholding by over 2% in a financial year. The actual enclosure with transaction-level details (whether it is a buy or sell, number of shares, and post-deal holding) has not been included in the document provided.
Since the Jhunjhunwala family is the promoter group, this is a promoter-linked disclosure. Without the enclosed annexure, the direction and size of the change are not clear, so retail investors should watch for the detailed disclosure to determine whether promoters are increasing or reducing their stake.