Intimation under regulation 29(1)(2) of SAST 2011 as filed by Ms Alka Chandra.
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Scan Projects Ltd has informed the stock exchange about a disclosure filed by Ms Alka Chandra under Regulation 29(1)(2) of the SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. This regulation requires a person who holds shares entitling them to exercise voting rights in the company to disclose their acquisition intentions when certain thresholds are crossed. The specific details of the acquisition (such as number of shares, target percentage, or pricing) are not provided in the headline. This is a procedural compliance filing related to a potential change in shareholding.
This is a regulatory disclosure and does not by itself change the company's business or financial position. Shareholders should watch for further details about Ms Alka Chandra's shareholding, as SAST filings can sometimes precede open offer announcements or signal a change in promoter/control status.