Disclosure as per Regulation 29(1) (2) of SAST 2011 filed by Ms Nirmal Gupta a member of Promotor group
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Scan Projects Ltd has informed the exchanges that a Regulation 29(1) and 29(2) disclosure under the SEBI Takeover Regulations (SAST 2011) has been filed by Ms Nirmal Gupta, a member of the promoter group. Regulation 29(1) relates to reporting acquisitions or disposals of shares crossing the 2% threshold, while Regulation 29(2) covers disclosures related to encumbrance (pledge, invocation, or release) of shares. The specific details of the transaction — whether it involves share acquisition, sale, pledge creation, release, or invocation — are not available in the headline provided.
This is a routine regulatory compliance filing by a promoter group member, and on its own does not indicate any change in control. Shareholders should look for the detailed disclosure (including the number of shares, percentage held, and nature of the encumbrance or transaction) to assess any meaningful change in promoter shareholding or pledging status.