Intimation under Regulation 29(1) (2) of SEBI SAST 2011 as filed by Mr Sunil Chandra.
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Awaiting price reaction for this filing.
A disclosure has been made under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations 2011 by Mr Sunil Chandra, who is required to inform the company about changes in his shareholding crossing specified thresholds. The exact nature of the transaction — whether it is an acquisition or disposal of shares, and the percentage change — is not detailed in the headline. The intimation is purely a regulatory compliance filing and does not, on its own, indicate any corporate action by Scan Projects Ltd.
This is a routine regulatory disclosure and is unlikely to have a direct material impact on the stock price. Shareholders may want to check the detailed filing on BSE to understand whether this reflects a buying or selling trend by the individual concerned.