The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mona V Shah
SHAH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mona Viral Shah, Director and Promoter of Shah Metacorp Ltd, has filed a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, reporting the acquisition of shares pursuant to an intimation of allotment. After the transaction, her total holding stands at 10,37,06,084 shares, representing 16.48% of the company's paid-up share capital. The disclosure was triggered because the acquisition crossed the regulatory threshold requiring intimation to the stock exchange.
This is a routine regulatory disclosure by an existing promoter following a share allotment. The promoter's stake remains substantial at 16.48%, indicating continued promoter confidence in the company. No material change in shareholding pattern, so likely neutral impact on the stock price.