The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rhea Mehul Shah
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The stock exchange has received a disclosure under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers Regulations, 2011, from Rhea Mehul Shah in relation to Shah Construction Company Ltd. This type of filing is typically made when a person/entity acquires or disposes of shares crossing certain prescribed thresholds. No specific details on the number of shares, transaction direction (buy or sell), or resulting shareholding percentage have been provided in the available information. Shareholders would need to refer to the full disclosure form for the exact nature and quantum of the change in shareholding.
The exact impact on shareholders or the stock is unclear without further details on the transaction size and direction. Investors should check the full disclosure on the BSE website to understand whether this represents a buy or sell, and assess any implications for ownership structure.